Monday, September 14, 2015

The Chinsese WoW Token Sure is Worth a Lot

Just recently I've created a new Twitter account to get rid of all the unnecessary distractions I had followed and only get to the core of it. I also followed @WoWTokens, which basically keeps you updated on the WoW Token prices. And that made me realise something.


What you may have noticed there is that WOW Tokens go for just under 80k gold in China. That's absolutely crazy in my opinion: the EU version currently goes for only 50k and in the US a WoW token takes only 30k gold out of your pocket and that's while the price for US is climbing.

And that's not all I found out: the Koren token goes for 190k and the Taiwanese one goes for 180k so it seems to me this isn't just pure coincidence. And I've already got an explanation.
We all work for a living, no matter where on Earth we live. But our pay checks do vary depending on where we work and unfortunately big companies see opportunities in "poor" countries like China and Taiwan to milk their industry even further. Causing most people there to live on the edge between debt and living on the streets.
This is just another case of the worth of a currency varying on where you are: we all pay exactly as much when converted to dollars, but someone from Taiwan or Korea will value it a lot more as the tokens are a lot more rare there (because nobody can actually buy them).
In the US, however, we have the opposite: people that have loads of money to spare because they unknowingly milk the other continents' industries. And they value it a lot less as it's a lot more common to have lying around.

This isn't meant to be boring, this is meant to give you an insight on how even gaming can show you how unfair the world economy is. This makes me wonder what happened in history to get us from equality to the one milking the other for every last cent.

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