Thank you China for introducing me to the phrase “IQ tax”, which applies to objects such as NFTs and balenciaga trash bags.

see also: lottery tickets

@hacks4pancakes

@praxiscode @hacks4pancakes "national" lottery in Germany is even a way to get money from less educated people to pay for more educated people's leisure. The lottery pays out earnings to public pools, libraries and other stuff (and even used to advertise it).

Lottery is a tax on people who are bad at statistics.