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Sure, just don't use it to tell someone you are sorry their dog died. "Hey man, sorry your dog died. !LOLZ"

What does a car take when it's sick?
Petrol Bismol.

@unorgmilitia, I sent you an $LOLZ on behalf of @captaincryptic
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (20/4)

!lol OK got it!!