Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

Actalink founder shares his vision for transforming payment systems with simplicity and power. 💳

5 Feb 2025 · 1 min

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This content was created by Tim Draper. This content was uploaded by Tim Draper. This is a YouTube video titled "Actalink founder shares his vision for transforming payment systems with simplicity and power. 💳" (posted 2025-02-05). The excerpt is an interview-style exchange between an interviewer (Speaker A) and the Actalink founder/representative (Speaker B). Speaker B describes his 14 years in investment banking and outlines a vision for simple, powerful payment infrastructure, including how the technology could apply to central bank digital currencies (CBDCs) via programmable wallets, transparent limits, tax calculation, and reducing market-manipulation risk.

Why are you doing this? Why do you care?
I've spent 14 years in investment banking. I'm a very simple guy from India, and when I do everything, I'm really excited that, you know, a basic guy could do something. And I would love to build the very, very powerful payment infrastructure.
I know it's— some people are not a fan, but does this apply to central bank digital currencies as well?
It absolutely applies. So let's say I live in Poland. We have 38 million people. Let's say a country will create a CBDC. But if you create a CBDC in the open environment, a big bank could manipulate the market cap, right? But now you can create a programmable wallet for your country to leverage the technology. Lots of governments could use this technology to program the wallets, program the limits, calculate the tax, and everything is transparent.