👉 The term "all or nothing" is not a literal slang term, per se, but rather a metaphorical expression used by some internet users to describe the situation when either everything is done or nothing at all.
In informal language, this term can be likened to a scenario where every single piece of information in an online document or message is either completely false or true. It often signifies a situation where there are no viable options for both sides, and one must make a choice between doing absolutely nothing (all or nothing) or all the possible things. For example: Imagine a situation where you're trying to build a massive skyscraper, but someone tells you that it's impossible due to environmental regulations. Instead of deciding "I'll just go ahead with building the skyscraper without any planning," one would choose "I'll just all-or-nothing it and do whatever I feel like." This metaphorical phrase can be used in various contexts, from social media conversations to daily communication between friends or family members when they disagree on a topic.