This song is used to display excessive levels of madladdery. It represents all the aspects of being a madlad. This can also be used when someone is doing something very dangerous but looks incredibly like a madlad. Instead of calling for help in this situation, you play the Pirates of The Caribbean Theme
Person 1: Dude, look at that guy! He's surfing on a tsunami!
Person 2: Shit, someone play the Pirates of the Caribbean Theme!