Cory Klippsten, founder and CEO of Swan Bitcoin, discusses recent hardware wallet vulnerabilities, the realities of self-custody, and rebuilding trust after security incidents.

He covers Swan’s custody options, industry consolidation in Bitcoin hardware, and lessons from six years of building, from education and institutional clients to long-term thinking and community.

A grounded conversation on security, trust, and building lasting infrastructure on Bitcoin.

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Chapters

00:00 Introduction to Cory and Swan Bitcoin

01:45 Recent security vulnerability in Cold Card wallets

05:48 Swan's custody offerings

08:13 Cory's background and vision for Swan

11:53 The importance of education in Bitcoin adoption

15:50 Security best practices and industry standards

20:13 Venture in Bitcoin

23:55 Balancing usability and security

35:55 The role of Bitcoin in resisting tyranny