I still don't get what's "good" about it. The fact that it doesn't involve banks, which pleases the Occupy Wall Street crowd... or the fact that there's no government backing.
Maybe the followers think that somehow it's going to change the distribution of wealth... bitcoin followers are all going to get rich and the rest of the poor saps are all going to lose to the "banksters".
No mate, but it "could" prevent the governments from printing unlimited currency out of thin air (there is no longer "money" being used). It could put the supply of money back into the hands of the people, where it belongs. It could mean lower user fees. It could mean fewer instances of stolen customer credit card and banking records. It could mean a more level playing field for small business. It could mean that tax records are easier to maintain and taxes easier to calculate. And the things I've listed so far, are just for starters.
I don't know where you got that info from, but the OWS crowd, although educated in some of the finest schools, are not intelligent enough to understand Bitcoin.
"Maybe the followers think that somehow it's going to change the distribution of wealth..."
The developers of Bitcoin don't believe in the redistribution of wealth, that's one of the main reasons they developed it, nor is wealth distributed by Bitcoin.
bitcoin followers are all going to get rich and the rest of the poor saps are all going to lose to the "banksters"
Although I don't believe that is the intent, it very well may true!
You would do well to study up on it, before you judge it, you snooze you lose!
It will but from overpaid salaried workers in America to underpaid foreigners just like all other global trade.