Introducing Swan Real Bitcoin Exchange (RBX).
A structured path from Bitcoin ETFs to real, on-chain Bitcoin you own.
swan.com/rbx
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.
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
Swan retweeted
Last chance to request a spot on Outside Money OVERTIME! It's today at 5pm UK, noon ET, 9am PT.
speakeasy.swan.com/e/6D6jPVg…
Live roundtable video discussion featuring @CorySwan and @phjlljp about the past week's Outside Money topics:
• What If 5% Treasury Yields Aren’t Bearish After All?
• HIGH INFLATION IS GOOD FOR YOU. WE PROMISE.
• Did Trump Finally Break the British Financial Empire?
• THE $17 TRILLION QUESTION: BITCOIN, OR ANTHROPIC?
• Gold Is Hard Money That China Can Control
Videos: youtube.com/playlist?list=PL…
Articles: Cory.substack.com
The theory: Trump broke the London bankers by replacing LIBOR with SOFR.
But SOFR was selected in June 2017, months before Trump nominated Powell. The UK still handles roughly 38% of global forex.
@CorySwan on why the theory fails, and why Bitcoin sits outside the whole system.







