localhost (meaning your computer)'s IPv4 address
also see 0:0:0:0:0:0:0:1 (localhost IPv6)
Jake: Yo Joe, see all these 127.0.0.1 when I run netstat?
Joe: Yes, what is that?
Jake: It's this PC.
VR on the cheap, Unfortunately only 3DoF but a good deal, got mine for 9⬠or about 10 US Dollars. Needs a smartphone with a Gyroscope, and may or may not have head straps
Mario: Yo dude I can do VR, and I only spent 9 euros!
Luigi: How dude?
Mario: I bought a Google Cardboard!
Luigi: Woah Cook my brudda