Introducing Swan Real Bitcoin Exchange (RBX). A structured path from Bitcoin ETFs to real, on-chain Bitcoin you own. swan.com/rbx

You can't send ETF shares to a Bitcoin wallet. With real Bitcoin, you can pay someone or move wealth across borders on a Saturday night. @CorySwan explains three ways a Bitcoin ETF falls short.

Stocks, bonds, cash and retirement accounts all depend on your access to financial institutions, and on those institutions holding up under stress. @CorySwan of Swan Bitcoin on why the Bitcoin you hold as a hedge shouldn't be the fifth thing on that list.

In our hypothetical backtest, $1 million became $3.56 million over 12 years, vs. $2.84 million without Bitcoin.

France trails Germany by 15 points on employment at ages 55 to 64, and the EU average by 5. Sixteen other EU countries do better. France pays today's pensions out of contributions from today's workers. Bitcoin is savings you hold yourself.

France ran a deficit of more than 150 billion euros last year, and it can't order the Banque de France to print money to cover it. @CorySwan of Swan Bitcoin on how the euro took away France's exits, and why leaving is unlikely short of a full-on collapse.

A Bitcoin hardware wallet signs each transaction without ever handing your secret keys to your computer. That's why some people prefer the term signing device. @CorySwan explains in under 3 minutes: your Bitcoin stays on the network the whole time. The device holds only the keys.

31 years. 31 budget deficits. From 1995 to 2025, France never once balanced its budget. Its smallest shortfall, in 2000, was still 1.3% of GDP. Debt fell for three years after the 2020 jump, then passed the old peak. It reached 119% of GDP by mid-2026. No one can issue more Bitcoin to cover a deficit.

In France's 2022 runoff, voters 65 and older were more than twice as likely to vote as those under 30. That's why cutting pensions is so unlikely, even with the streets on fire.

Everyone predicting America's decline is comparing it to the wrong empires. American politics can look ugly, but it lets people push back on the government, vote leaders out and fight bad policies in the open. Being able to fix your mistakes beats being able to hide them. - @CorySwan on Outside Money

How did the UK become the third-largest government holder of bitcoin? By seizing it. Nearly all 61,245 coins come from one fraud case: money stolen from 128,000 Chinese investors.

A lot of people are writing America’s obituary. By the standard of every great power before it, America has barely started.

American supremacy does not require the dollar to remain the world's dominant currency forever. On a Bitcoin standard, the United States could still lead. - @CorySwan on Outside Money

Don’t wrap your tired altcoin pitch in a fake "Bitcoin PSA" and expect applause.

Can stocks rise while the 10-year Treasury pays more than 5%?