1. When you are at a friend's house and need to be quiet or go somewhere, you say this.
2. When you are bored as hell and someone suggests a stupid place to go.
1)
Person: HAI GUYS! LISTEN TO THIS BRITISH SONG!
Friend: Waffle House or GTFO
2)
Person: Dude, I'm so bored, let's go blow wrestle a bear at night
Friend: Waffle House of GTFO
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