This Country Pays 45% Interest On Your Money | Ep 154

Takeaways:- Even industry insiders get quietly overcharged by their own banks. Doug found out the hard way as a retail client at his own institution.- A tokenized commodity only works if the value is computer-determined, not a person's subjective opinion. That's the actual innovation behind Diamond Standard.- Growing too fast without enough runway is its own kind of failure. Doug's company went from 40 people to 12 after an event nobody saw coming.- "Come home the same person" is a trading-desk survival skill that works just as well for founders. Doug credits it with 18 years at one of the highest-pressure trading desks in the world.- Banks aren't the enemy of platforms like Yield FX. They're a customer, because new deposits without acquisition cost is something every bank wants.- The biggest adoption curve in finance took over 30 years, voice brokers to algorithmic to AI. Doug doesn't think full tokenization takes that long, but he doesn't think it's five years either.