Quote from: SumChancer on February 22, 2011, 03:30:31 PM

Now that you mention it, I'm not sure I understand my question either. Sad

I cannot read your mind, of course. But if you're asking whether a global acceptance of bticoins would end current purchasing power parity, I think it will - on paper, that is. A bitcoin will be equal to one bitcoin everywhere. However, untill material goods can somehow be magically teleported from any place, people will still have to buy locally. This means that the same rules that govern standards of living and purchasing power will continue to apply. You could import from overseas, but this is often a lengthy and expensive process. So you will continue to buy food at your nearest grocery store, and products manufactured within your own or neighboring countries. The work you do daily will likely contribute to the economy of your city, and not to one on anther continent. Because of that, what you can buy with a bitcoin will vary greatly from place to place (and will continue to follow a similar pattern to this map ). I have a hunch that the power of purchasing digital content will become very equalized, though.