In response to VeriBit being some gimmick.  No regular alt-coin in the near future will have BitCoin's market penetration, it is the Achillies heel of alt-coins.  However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin.  All of Bitcoin's plus a few exclusive for VeriCoin.  That's a significant difference overnight.

Regarding convenience, that is why money and digital currency exist, it's more convenient than gold.