Used to describe someone weird or idiotic.
Friend 1: insert something stupid
Friend 2: "You floober! You're actually stupid."
You poor soul... If your friends told you to look this up, don't.
Rule 34 is internet slang for porn. Basically, if it exists, there's porn of it. If you don't know what porn is you're too young to be searching this.
Bob, a troll: "Hey Timmy, have you heard of Roblox's new rule?"
Timmy: "No, what is it?"
Bob: "Look up "Roblox rule 34" to find out."