The 'Hack 127.0.0.1' meme is a staple of early internet tech culture, often involving a 'script kiddie' claiming to be a master hacker while targeting the IP address 127.0.0.1. Because this address refers to the 'localhost' or the user's own machine, any 'attack' launched against it only affects the person sending it. The most famous iteration involves an IRC chat log where a user is tricked into deleting their own root directory or C: drive. It serves as a humorous cautionary tale about tech literacy and is frequently used in developer circles to mock those who pretend to have more technical knowledge than they actually possess.