Welcome to the first episode of Mondays with Ronny, a weekly vlog about blockchain, cryptocurrency and our new digital economy. Stick around till the end of the video, “it’s gonna be fun!”
I’m on my way to work now and I’m starting this new vlog on blockchain, cryptocurrencies, and basically the new world of business. It’s gonna be fun.
MONDAYS WITH RONNY
I’m often asked to explain what a cryptocurrency is.
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For me, cryptocurrency is one of the amazing revolutions of the 21st century. It is one of the biggest opportunities we have right now in rewriting the financial system.
SUPERS: CRYPTOCURRENCY IS REWRITING THE FINANCIAL SYSTEM
The best thing about cryptocurrencies I believe is that it gives the power and freedom of using your money and transferring your money or assets, worldwide, globally without borders in a very short time. Most transactions are done within seconds or minutes.
Typical man-on-the-street can benefit by basically saving on fees.
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DID YOU SAY SAVINGS ON FEES?
Now if you are making payments today with credit cards, it’s either you or the merchant who is paying the fee to Visa or to MasterCard. With cryptocurrencies, these fees can be avoided.
SUPERS: FEES CAN BE AVOIDED
On top of that, if you you know sending money sometimes, if you make payments, rather than paying transfer fees at the bank which normally are taken from your account rather than from the receiver’s account, you are saving money. Basically, payments are done instantly.
SUPERS: PAYMENTS ARE DONE INSTANTLY
You are free from having to exchange monies when you travel abroad.
SUPERS: NO NEED TO EXCHANGE MONEY WHEN TRAVELLING ABROAD
This is obviously only couple of years’ time when cryptocurrencies are far more accepted worldwide than they are today because at the moment, when it comes to the acceptability of cryptocurrencies with merchants, they aren’t so many around the world. Not enough yet to make cryptocurrency mainstream and bring it to the people on the street, but I believe that in the foreseeable future this will change and we at Ducatus are actually trying to enforce this and actively promote this to make this happen sooner rather than later.
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DUCATUS CRYPTOCURRENCY STRATEGY
If you ask me if cryptocurrencies are here to stay, obviously this is something that is being debated. You have the die-hard promoters of cryptocurrencies and you have the people who believe it’s just a matter of time until this bubble is going to disappear again. My personal opinion, I believe it is a sure thing that cryptocurrencies will stay.
SUPERS: CRYPTOCURRENCIES ARE HERE TO STAY
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WHAT WILL I DO WITH ALL MY CASH?
I believe that more and more companies and eventually also governments are going to accept the fact that cryptocurrencies are a better way of transacting in the future. The underlying blockchain technology is already now being examined and used by several governments around the world. Cryptocurrencies for me is the new form of how we transact with each other. I believe that the transfer, the traditional bank transfer will be replaced by transactions that are based on the blockchain technology using cryptocurrencies in the future.
SUPERS: TRADITIONAL BANK TRANSFERS WILL BE REPLACED. BLOCKCHAIN TECHNOLOGY WILL BE MORE MAINSTREAM.
And this will speed up dramatically over the next couple of years as soon as governments and companies are coming to terms with effect and the regulations are coming in place so that these transactions can be seen as legal transactions.
HOW TO BUY BITCOIN USING DUCATUS ATM
- Using a Bitcoin Wallet App, go to the Ducatus ATM and scan your Bitcoin address.
- Insert cash into the machine. The machine accepts any amount.
- Tap to complete your purchase.
That’s it guys for our first episode. Montage sind großartig, Ihr seid großartig. For your translation, Mondays are great you are great. I’ll see you next week take care bye bye
Ronny Tome is the CEO of Ducatus Global. Ducatus Global Pte Ltd is a Singapore-based company that is the administrative heart of the Group worldwide. Our globally distributed management team provides management and professional support for the whole Group. Centurion Global Limited, based in the Cayman Islands, is responsible for the production and global distribution of the coins through the Ducatus network. Additional group of companies in Dubai and Singapore are responsible for charity projects, education and training, e-commerce, franchise cafés, health, travel and property. For more information, visit https://ducatus.net