Bitcoin is two things which share a name. One, it's a payment system, and two, it's a currency. You use the Bitcoin payment system to send bitcoins as currency from one account holder to another. The transfer is instantaneous, carries no fee, works anywhere in the world, and is private.
Erik Voorhees
Related What bitcoin does better than the current financial system is it's a better stored value globall... ADAM DRAPER Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is alread... FRED EHRSAM We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enth... BARRY SILBERT Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as ... ADAM DRAPER You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a moneta... BARRY SILBERT Virtual currency, where it's called a bitcoin vs. a U.S. dollar, that's going to be stopped.... JAMIE DIMON I view Bitcoin as the more democratic version of money and value transfer because no one controls it... OLAF CARLSON-WEE It is a lie. ARTHUR MILLER After PayPal, I never thought I would get interested in payments again. But bitcoin is fulfilling Pa... DAVID O. SACKS At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates ... PETER DIAMANDIS The world is a global economy. I thought, 'It's a bummer we don't have a unifying curren... ADAM DRAPER Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good wa... BILL GATES I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, route... NAVAL RAVIKANT I think that the future of currency is digital, and Bitcoin has a good shot at being the currency of... ADAM DRAPER Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I th... FRED EHRSAM I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of ca... ALAN GREENSPAN You'll be using digital currency. I think really what will happen is you'll use a combinatio... TYLER WINKLEVOSS His life seemed like a deck of cards, and in the midst of all those two’s and three’s someone ha... TEKOA MANNING We think of bitcoin as mobile. It's not one company; it's broad. BALAJI SRINIVASAN When he entered the anteroom, two women looked up at him. One was Miss Robertson, the governor's sec... GEORGE P. ELLIOTT Bitcoin is amazingly transformative because it's the first time in the entire history of the wor... ROGER VER I'm fucking the grave, I thought, I'm bringing the dead back to life... CHARLES BUKOWSKI Where I think we're headed is a system of universal care, where everybody is covered ... with two tr... PRESTON MANNING Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swis... NAVAL RAVIKANT Our mission is to accelerate the development of a better financial system; it's not just develop... BARRY SILBERT We want enough people adopting Bitcoin for a robust infrastructure. It's an act of patriotism. I... PATRICK M. BYRNE I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES To stand on the brink of what is coming, feeling eager, optimistic anticipation—with no feeli... ASK AND IT IS GIVEN The scripting language in Bitcoin is important because it is what makes Bitcoin 'programmable mo... FRED EHRSAM The history of Bitcoin trading is a bubble, a correction, consolidation, and another increase. It... BARRY SILBERT To pursue a career in Hollywood you have to have a personality bypass. Look at the top 20 stars in t... ROBERT CARLYLE You really want some natural way for people to get Bitcoins, as part of their paycheck or some other... GAVIN ANDRESEN China may censor YouTube. China may censor Twitter. They won't be able to censor Bitcoin. There&... NAVAL RAVIKANT Mother Superior jump the gun... -The Beatles, Happiness is a Warm Gun LAUREN MYRACLE Empathy is the new measurement of everything. It doesn't matter what religion you have, what God you... C. JOYBELL C. Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about go... GAVIN ANDRESEN Life is not a game. Still, in this life, we choose the games we live to play. J.R. RIM For Bitcoin, if it becomes a thing, it will become an enormous thing. It will be world-changing. But... ADAM DRAPER MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are ... MAX KEISER When I die it will be game over,... but I know one life is short, to be selfish is not the best deci... DEYTH BANGER It is a small world. You do not have to live in it particuarly long to learn that for yourself. Ther... NEIL GAIMAN Bitcoin may herald the dawning of a new age in currency. It holds superior traits as a form of '... JEREMY ALLAIRE Flattery, though a base coin, is the necessary pocket money at court; where, by custom and consent, ... PHILIP DORMER STANHOPE I think the technology will get bigger and the price of Bitcoin will go up, so I'm speculating t... OLAF CARLSON-WEE 'Beauty' is a currency system like the gold standard. Like any economy, it is determined by ... NAOMI WOLF You release the pain of the past and press on. It's a new day, and God is doing a new thing. He want... CRAIG GROESCHEL Every time you load a webpage is a HTTP request. That's a lot of HTTP requests. If you are earni... BALAJI SRINIVASAN The world is constantly in a race to the top, in terms of there's a limited amount of capital an... DAVID MALPASS We used to be able to collect and show proof of payment to ABC on overdue accounts. Now if a subscri... JACK SWEENEY Sometimes, if a country's currency is overvalued in real terms, and it looks like the current ac... KLAUS SCHWAB Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for tr... FRED EHRSAM The fundamental problem is that there's no credibility in the judicial system, which is a system... LEOPOLDO LOPEZ Bitcoin has been described as a decentralized, peer-to-peer virtual currency that is used like money... PERIANNE BORING Our film society back home is so different from here. Making a movie is universal. Directing a movie... MORTEN TYLDUM It is what it is, it is what you make it. JAMES DURBIN He wept because he was afraid now that he could not save Gabriel. He no longer cared about himself LOIS LOWRY It is no longer a fair system. Fifa generates huge money now, and players are expected to be with th... THOMAS KURTH It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit B... NAVAL RAVIKANT The Chinese banking system is built on quicksand and that's the one thing a lot of people don... JAMES CHANOS Bitcoin is very ideologically fulfilling, it's my form of political activism, but it's also ... ERIK VOORHEES Islam is a violent, I was going to say religion, but it's not a religion. It's a political s... PAT ROBERTSON Now isn´t the time to change yourself to fit into the world... you should be changing the world to ... ALEXANDRA BRACKEN It's funny, in a way the actor is a writer. It's not like the two things are so separate as ... SAM SHEPARD I feel so honored to be able to say "What I do is for my son" without that being an excuse to do stu... C. JOYBELL C. When you do a movie in the studio system, there's a committee. A committee of six or seven peopl... THOMAS LENNON You know, I don't think my music is important, I don't think it's changing the world, I ... SUFJAN STEVENS In America, we have a two-party system, and the American Constitution is a piece of brilliance, but ... JAMIE DIMON The Court's majority holds that the Establishment Clause is no bar to Ohio's payment of tuit... DAVID SOUTER The privilege of holding the priesthood, which is the power and authority to act in God's name, ... EZRA TAFT BENSON Bitcoin's got its issues. But it is not competing with perfection. DAN KAMINSKY If the American government can't stand behind the dollar, the world's benchmark currency, th... ADAM DAVIDSON If you're someone in the business of verifying transactions on a proprietary network, the invent... BRIAN ARMSTRONG Gemini is a spot bitcoin exchange. To use it, you sign up with Gemini.com and undergo the initial st... TYLER WINKLEVOSS There's a tiny number of Bitcoin wizards and an enormous number of smart developers that have no... BALAJI S. SRINIVASAN The scientific method gives us
information by testing and repeating observable things so that we
can... LEWIS N. ROE My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether... UDAY KOTAK We feel in one world, we think and name in another. Between the two we can set up a system of refere... MARCEL PROUST The last name is pronounced Jill-en-hall. It's spelled with two l's, two a's. We have a ... JAKE GYLLENHAAL It's important not to think about Bitcoin as a replacement for cash or gold or something that wo... NAVAL RAVIKANT Your emotions are meant to fluctuate, just like your blood pressure is meant to fluctuate. It's ... DANIEL GILBERT China has to move to a more flexible foreign currency trading system, no question about that. You mi... ARJUNA MAHENDRAN I have one. I may get another during the off-season, I might get my son's name but I'm not s... ADAM PALLY What we might see happen is an increase in leasing, which was not an option for private use in the e... BRIAN TAYLOR Bitcoin is a peer-to-peer, decentralized form of money, as durable as the Internet itself. Remember,... MAX KEISER When I launched the development of the GNU system, I explicitly said the purpose of developing this ... RICHARD STALLMAN Life is a re-discovery. BRIAN BLESSED If you think that life is a celebration full of party poppers and merry go rounds it's not it's a ga... GARY F EVANS... Life Is a Misconception. DEYTH BANGER Life is a desire! DEYTH BANGER To trust someone you must firstly remember that it is a two way street that will go all the way if y... GARY F EVANS... If you have your own currency, you have your own governance, so each currency becomes their own mini... WILLIAM MOUGAYAR The pro-gun advocates point to the 2nd amendment of America's Constitution, citing Americans'... MAX KEISER We try to stress that electronic bill payment is not synonymous with instantaneous payment. You stil... JOE RIDEOUT Life is a journey. When we stop, things don't go right. POPE FRANCIS To be a housewife is to be a member of a very peculiar occupation, one with characteristics like no ... BARBARA BERGMANN My salary is converted to bitcoin, and taxes are taken out. You have to do all the tax computations ... GAVIN ANDRESEN No other planet in the solar system is a suitable home for human beings; it's this world or noth... CARL SAGAN Integrity is not everything, but it is the only thing that matters. JEFFREY FRY How do you know if something is real? That’s easy. Does it change you? Does it form you? Does it g... C. JOYBELL C. I have learned that to have a good friend is the purest of all God's gifts, for it is a love tha... FRANCES FARMER
More Erik Voorhees
I was very excited about a currency that was not controlled by a central government, that could be a... ERIK VOORHEES The value of Bitcoin is astronomical, but the price goes all over the place as a million buyers and ... ERIK VOORHEES Whenever the price of cryptocurrency is rallying, people start spending a lot more. ERIK VOORHEES I'm much more confident with crypto than with banks or fiat currency because I can actually cont... ERIK VOORHEES Bitcoin is absolutely the Wild West of finance, and thank goodness. It represents a whole legion of ... ERIK VOORHEES The number of industries, communities, habits, traditions, and even interpersonal interactions that ... ERIK VOORHEES ShapeShift has no user accounts, signup, or registration process whatsoever. But it's faster and... ERIK VOORHEES ShapeShift, like SatoshiDICE before it, demonstrated how an old business could operate in a brand ne... ERIK VOORHEES When we started ShapeShift, a future world of natively digital assets was very theoretical. ERIK VOORHEES Mt. Gox was a teachable moment for everyone in the Bitcoin community, and ShapeShift has innovated t... ERIK VOORHEES Cryptocurrencies allowed non-custodial exchange, without users having to sign up or create accounts. ERIK VOORHEES Bitcoin will hit thousands of dollars per coin, because it's worth at least that much, or it'... ERIK VOORHEES Bitcoin is very ideologically fulfilling, it's my form of political activism, but it's also ... ERIK VOORHEES Like the Internet, Bitcoin will change the way people interact and do business around the world. ERIK VOORHEES Credits in your PayPal account are really just USD-backed - they are not a unique currency themselve... ERIK VOORHEES Most 'digital currencies' are not really digital currencies at all. ERIK VOORHEES The Dwolla incident was to be expected. The government will go after sites that it thinks are suppos... ERIK VOORHEES I have no problem with the financial industry inviting the Trojan Horse of blockchain technology int... ERIK VOORHEES You cannot have an asset that goes up in price 1% every month or 1% every six months or every day wi... ERIK VOORHEES Unfortunately, slow and steady in any financial market is actually impossible. ERIK VOORHEES Personally, I had over 550 BTC in Gox. I will never get any of that back. ERIK VOORHEES The big exchanges that hold customer deposits are a big target for hackers, and unfortunately, most ... ERIK VOORHEES She's not only a great student but she's an incredible leader on and off the field. The girls respec... MARK VOORHEES Some people think it's a law that when productivity goes up, everybody benefits. There is no eco... ERIK BRYNJOLFSSON My grandfather taught me generosity. He sold snow cones in Harlem. I went with him at 5 and he let m... 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ERIK LARSON Once we get to know where and why the skeletons of the past are buried, we can start wading across o... ERIK PEVERNAGIE Without a clear-cut vision and a proper reading of the roadmap we may not reach the buoyant shores o... ERIK PEVERNAGIE Eureka" can be an answer to a question we have never asked. It can be the articulation of a sudden a... ERIK PEVERNAGIE Material and technical changes are mostly quite visible. But less visible are the changes in the min... ERIK PEVERNAGIE Whenever I finish a book, I start with a blank slate and never have ideas lined up. ERIK LARSON To solve the problems of today, we must focus on tomorrow. ERIK NUPPONEN When the ashes of the wildfire of love have been scattered in the hazy den of oblivion and emotions ... ERIK PEVERNAGIE If our splintered attention has led us to oblivion and blindness; and the shell has replaced the sub... ERIK PEVERNAGIE Since I joined Congress, I've been shocked at how many times we were forced to vote on 1,000-plu... ERIK PAULSEN I've really tried to strip my writing of as many adjectives and adverbs as I possibly can. ERIK LARSON With the growing reliance on social media, we no longer search for news, or the products and service... ERIK QUALMAN I went to public school on Long Island, and it seemed every year we were being taught that you had a... ERIK LARSON Healthy children will not fear life if their elders have integrity enough not to fear death. ERIK ERIKSON My new passion is to get Internet education mandated in all schools. We've got to start teaching... ERIK ESTRADA The more you know yourself, the more patience you have for what you see in others. ERIK ERIKSON As a rule, I am very skeptical of tying books to anniversaries. I don't think readers care. I al... ERIK LARSON When we looked at the life cycle in our 40s, we looked to old people for wisdom. At 80, though, we l... ERIK ERIKSON You see a child play, and it is so close to seeing an artist paint, for in play a child says things ... ERIK ERIKSON In the social jungle of human existence, there is no feeling of being alive without a sense of ident... ERIK ERIKSON I have found from experience that it is often interesting and useful to start from the edges and wor... ERIK LARSON Children love and want to be loved and they very much prefer the joy of accomplishment to the triump... ERIK ERIKSON Then there are the simple things. The way she fits against my side when we’re sitting together. Ho... ERIK TOMBLIN Emotional illiterates, who don’t recognize the sound of a broken heart, will never be able to hear... ERIK PEVERNAGIE We only realize what happiness is about, after it has slammed the door to our inattention; and killi... ERIK PEVERNAGIE When love has left us in the lurch and nothing ever strikes a chord anymore, we may come to realize ... ERIK PEVERNAGIE Life gives us a flair of awareness in the breeze of our daily journey and offers a free reign to exp... ERIK PEVERNAGIE Life can be generous, but leaves us with a trilemma: How can we reconcile three diverse features: �... ERIK PEVERNAGIE Oh my God... I worked with George C. Scott, way before 'Chips,' in 'The New Centurion.... ERIK ESTRADA Reading is such a personal thing to me. I'd much rather give someone a gift certificate to a boo... ERIK LARSON In the beginning was the word and the word was love and love was imagination. When love takes us thr... ERIK PEVERNAGIE Happiness is an undercurrent of sensitivity and leads a surreptitious life: it is an internal eventu... ERIK PEVERNAGIE Stolen moments” create a feeling of enjoyment in our “intensive time” awareness. The glow and ... ERIK PEVERNAGIE Unfailing friends are essential, when ‘presence’ and ‘absence’ are wrangling in our daily li... ERIK PEVERNAGIE Recollection builds up our personality. 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ERIK AUTOR This report confirms everything we've ever said about why the Byrd Amendment should be overturned, ERIK AUTOR We have more cargo coming in than last year, largely because of the end of textile and apparel quota... ERIK AUTOR The Byrd Amendment virtually defines corporate welfare, ... This is a massive payola scheme that tak... ERIK AUTOR The Byrd Amendment virtually defines corporate welfare. This is a massive payola scheme that takes m... ERIK AUTOR We're going to monitor this situation very carefully over the next several months. This is a case wh... ERIK AUTOR This huge middle class has a lot of disposable income. It's also hungry for Western-branded goods. W... ERIK AUTOR As you get closer to the election, the likelihood that Congress is going to be able to pass legislat... ERIK AUTOR We have absolutely no evidence that shows that the China safeguards have had any beneficial impact o... ERIK AUTOR Communicate respectfully with the person. 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There are lots of examples of routine, middle-skilled jobs that involve relatively structured tasks,... ERIK BRYNJOLFSSON We're overjoyed. They're indispensable. ERIK SMITH Eco-industries consume raw materials, but they try to recycle everything else and dispose as little ... ERIK MONGE fear of change is like standing under a hot shower and knowing the moment you'll turn it... ERIK TANGHE The sinking of the Lusitania wasn't the proximal cause for the U.S. entering WWI. It was almost ... ERIK LARSON He who is ashamed would like to force the world not to look at him, not to notice his exposure. He w... ERIK ERIKSON 'The Devil in the White City' - the 'White City' was the nickname for the World'... ERIK LARSON Electricity is an example of a general purpose technology, like the steam engine before it. General ... ERIK BRYNJOLFSSON The bottom line is we need a tax code that is more simpler, that is more fairer, that gets rid of th... ERIK PAULSEN There is no question we need an energy policy overhaul in America. A key part of that overhaul must ... ERIK PAULSEN I grew up in New York in an English-speaking environment. ERIK ESTRADA As Congress debates overhauling the nation's health care system, it should not authorize a refor... ERIK PAULSEN One thing we seem to be missing is that just as we no longer search for the news, the news finds us ... ERIK QUALMAN We were unanimously ranked as the No. 1 seed by all five of the league representatives at the seedin... ERIK FARFAN When I'm in New York, I have, like probably everybody else in Manhattan, a white-noise generator... ERIK LARSON You're talking about a younger generation, Generation Y, whose interpersonal communication skill... ERIK QUALMAN He is visiting in the background of what is happening. ERIK NURNBERG I'm often associated with parallel narratives or dual narratives. The 'Devil in the White Ci... 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The rest of his life he'll spend d... ERIK TANGHE Consumption can be a remedy against boredom and may convey a sense of fictitious power and supremacy... ERIK PEVERNAGIE Technology has made it easier for different firms to coordinate their activities with one another, a... ERIK BRYNJOLFSSON Last Saturday night I run into a guy with a lot of ambition who wanted to win very much. Was in grea... ERIK MORALES While we are curling down in our comfort zone, the perverted talents of connectivity-designers drive... ERIK PEVERNAGIE Life doesn't make any sense without interdependence. We need each other, and the sooner we learn... ERIK ERIKSON I write to be read. I'm quite direct about that. I'm not writing to thrill colleagues or to ... ERIK LARSON Rumours should be juicy and gossips must be mouth-watering, since they have to uplift and make peopl... ERIK PEVERNAGIE When I'm considering an idea, and there is an element of hubris involved, I generally feel comfo... ERIK LARSON The head of the hurricane research division, Hugh Willoughby, told me that hurricanologists can pred... ERIK LARSON The core demo of young females absolutely loved the movie and are the most avid repeat viewers. It's... ERIK LOMIS Scotty's a heck of a player. He works hard. He is the stereotypical Sewickley hockey player. He does... ERIK HOOLAHAN It may be expedient to take stock of all the affecting pieces that might shatter in the wake of an e... ERIK PEVERNAGIE It troubled me that we had these reports of torture of detainees, we had people jailed at Guantanamo... ERIK LARSON When we are “time traveling”, we may trip over problems from the past which distort our memory. ... ERIK PEVERNAGIE If love has taken us for a ride and passion made us ignore sham and swindle, the time has come to se... ERIK PEVERNAGIE Being caught up in a game without having a clue about the rules, may be extremely maddening and frus... ERIK PEVERNAGIE Love is illiterate. Whether we write it big or small, we cannot read it. We might only guess. ( "I s... ERIK PEVERNAGIE When time furtively slips like sand through the fingers and our memory becomes tired and lazy, we re... ERIK PEVERNAGIE When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they ca... ERIK BRYNJOLFSSON Our SWAT teams are going in there as if the suspect is still inside and we're taking every precautio... ERIK RANEY We do not believe there is an imminent threat. ERIK CHRISTIANSEN Fame craves blind opportunity. ERIK MALDRE I wanted more than anything to go play pro baseball and have a long stint in the big leagues. ERIK KOROP Digression is my passion. I'm not kidding. I love telling the main stories, but in some ways, wh... ERIK LARSON When I saw the gun, I focused on the threat. I heard the first shot and remember noises and seeing p... ERIK EISSINGER People die from lack of shared empathy and affinity. By establishing social connectedness, we give h... ERIK PEVERNAGIE While many find the new clothes of the emperor magnificent, some dare to say out loud, he is simply ... ERIK PEVERNAGIE I'd always been interested in maritime history, especially the great liners. I'd have done a... ERIK LARSON I don't listen to music when I write, but I do turn on appropriate music when I read portions of... ERIK LARSON The heart of science is measurement. ERIK BRYNJOLFSSON Everybody's got the mindset that everything should be measurable. ERIK QUALMAN Emotional predictive profiling may help identify contingent fissures in the stature of endangered re... ERIK PEVERNAGIE Although social relationships may be crippled by acrimonious minefields, manipulative psychological ... ERIK PEVERNAGIE For the discovery of self we have to overcome the fear of self, so as to find the marrow ‘within�... ERIK PEVERNAGIE Raheem's a difficult fighter. He never really wanted to fight. He threw punches and moved away, and ... ERIK MORALES It's a way of slowing down your truck without using your brakes. You're not stopping a 1,500-pound c... ERIK JENKINS Is happiness a sort of blissful state of mind or just a kind of surreal propensity? It may be hard t... ERIK PEVERNAGIE It was said that if you duped death, if you kept someone alive who should have died, then you might ... ERIK BUNDY My life! That's a long story, too. I was born in Brooklyn, New York, like half of the world, I t... ERIK LARSON Both sides agreed there is a need to come together to decide how the ceasefire can be implemented in... ERIK SOLHEIM We knew our depth would eventually wear them down. We did a much better job of transition defense in... ERIK SMILES People are not dying of lack of money but of lack of esteem and awareness. ("Kein Schwein ruft mich ... ERIK PEVERNAGIE I always thought a shipwreck was a well-organized affair, but I've learned the devil a lot in the la... ERIK LARSON Between shortage and absolute poverty an ocean of shades and gradations do emerge on the scale of de... ERIK PEVERNAGIE What makes people tick? Life can be a trap of ennui, but imagery may be a redemptive escape from dul... ERIK PEVERNAGIE I was a promiscuous reader. I loved Nancy Drew books and Tom Swift - never the Hardy Boys - but I al... ERIK LARSON Our goal in these settlement negotiations will be to achieve a project method that will provide stro... ERIK MOLVAR If we are not apt to steer our life and engineer our individuality, we become preys of the pecking o... ERIK PEVERNAGIE I've got everything I need here to be happy - a solid team, good riders and a great team manager (St... ERIK ZABEL I actually have no idea about what can happen on Sunday, ERIK ZABEL there is enough place for the two of us with 180 days of racing a year. ERIK ZABEL Still, I leave with a lot of good memories and a good number of friends. ERIK ZABEL Man may feel like a feeble and powerless pawn, at some moment in his life. This apprehension can com... ERIK PEVERNAGIE The perpetual movement of the water, rolling from and to unknown destinations, the voices of the sea... ERIK PEVERNAGIE Relatedness is vital in a time when so many people suffer from social deafness. Emotional insensitiv... ERIK PEVERNAGIE Emotion is ‘recognition’. When treasured moments are identified in the jungle of our personal hi... ERIK PEVERNAGIE It was a hard job, but it was a lot of fun and I'll always be grateful to Ponch. He was a part o... ERIK ESTRADA If the whole world is in a rush and people are out of step with themselves, they fail to catch that ... ERIK PEVERNAGIE When love is roaming in our mind, looping in the deepest fringes of our heart, undreamt spaciousness... ERIK PEVERNAGIE What is clear is that in 1900, Galveston was growing fast, had already become the number one cotton ... ERIK LARSON