I've transferred several thousand dollars worth of bitcoins in the last few weeks to a Chinese bank account - the exchange I bought them on didn't know what I wanted the bitcoins for. And the Chinese exchange I sold them on didn't know where I got them from. The act of buying the bitcoins contains no information about their future use. The fees were much lower than Western Union, and since Bitcoin prices are volatile I actually made money on most of the transfers.
Bitinstant.com already allows you to send money to anyone in the world using paypal via bitcoin anonymously.
Edit - the point is that bitcoin makes it possible for individuals or small companies to move funds to virtually anywhere in the world. A big multinational corporation facilitating this becomes unnecessary.
At some point it will occur to people just to move the bitcoins and not bother converting them to a local currency.
Edit - the point is that bitcoin makes it possible for individuals or small companies to move funds to virtually anywhere in the world. A big multinational corporation facilitating this becomes unnecessary. At some point it will occur to people just to move the bitcoins and not bother converting them to a local currency.