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# Five Points #39
- URL: https://www.peterkos.org/five-points/
- Published: 2021-10-20T04:45:00.000Z
- Updated: 2021-10-29T20:44:32.000Z
- Author: Peter Kos
- Tags: newsletter

#FivePoints newsletter was on a longer break, a hiatus, or a sabbatical if you like. I've been procrastinating on getting this next edition out for some time until enough subscribers started nagging me ... probably the right kick in the butt I needed to get back to it. Thank you, Naggers! 

**[Title photo](https://www.instagram.com/p/CTHBebxsu9f/?utm%5Fsource=ig%5Fweb%5Fcopy%5Flink):** [Otočec](https://en.wikipedia.org/wiki/Oto%C4%8Dec%5FCastle?ref=peterkos.org), Slovenia. Slovenia's only island-castle housing a boutique 5\* hotel and a nice restaurant. And there's a helipad right on the island, if that's how you roll. 

### This week's #FivePoints:

- One of the best ways anyone described cryptocurrencies was [John Oliver](https://youtu.be/g6iDZspbRMg?ref=peterkos.org):

> Everything you don't understand about money combined with everything you don't understand about computers.

- Another useful article: [Crypto for people who don't follow crypto](https://1729.com/crypto-for-people-who-dont-follow-crypto/?utm%5Fsource=pocket%5Fmylist).  
Read this and more **before** everyone starts talking about bitcoin again —then it's a bit too late to buy. Over the last couple of years, I kept a simple ~~investment~~ speculation strategy with crypto: buy during the bad news cycles, sell when your in-laws [start talking crypto](https://financialpost.com/technology/blockchain/when-your-cab-driver-starts-talking-about-bitcoin-its-time-to-sell?ref=peterkos.org). Works like a charm. (Disclosure: these days, I'm a buyer and [HODL](https://www.investopedia.com/terms/h/hodl.asp?ref=peterkos.org)er).
- 🏝 The summer days on the beach are over, but you might wonder why most of these warm places are so effed up. [Why are cold countries richer than hot countries](https://www.youtube.com/watch?v=lmrra8i4hZY&ref=peterkos.org)?
- ❄ Now let's move to another extreme: [What life is like in the coldest city on earth](https://laughingsquid.com/yakutsk-siberia-coldest-city-on-earth/?utm%5Fsource=pocket%5Fmylist). ️
- ⛓If the above link was about Siberia, you might have associated it with Stalin's Gulags ... and there's a modern version of slavery/punishment. Read [How China Spreads Its Propaganda Version of Life for Uyghurs](https://www.propublica.org/article/how-china-uses-youtube-and-twitter-to-spread-its-propaganda-version-of-life-for-uyghurs-in-xinjiang?utm%5Fsource=pocket%5Fmylist).

Stay Hungry; Stay Foolish.   
Peter K.