"The company has a public online ledger of where their currency is going and to whom so that Bitcoins can't be counterfeited. While the ledger is public, what is actually bought by BitCoin users is anyones guess as the ledger is coded and only shows how much money was spent."
Could someone inform CBS that Bitcoin isn't a company or a private organization? I couldn't figure out how to send an email to the author.
That article is riddled with errors. However this part causes me great concern:
"Garzik stopped by to talk about how his currency is being used on Silk Road, the online black market for any drug imaginable, and how he is working with the
government to turn Bitcoin into a universal online currency."