Personally i think this whole bitcoin stuff is pretty confusing and insane.. but then i feel the same way about traditional currency, the stock market, and monetary policy. None of it makes a lick of sense to me -- it all seems like a bad joke or a carny game.
But the technology and issues it raises are quite interesting. Here's a nice new article discussing some of the new "alternatives" to bitcoin:
http://arstechnica.c...er-cryptocurrencies/