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1.
Used by professional wrestler The Rock as a catchphase during his WWF-WWE career.
The Rock: Whats your name again?

The Dudley Boys: It its its..

The Rock: IT DOESNT MATTER WHAT YOUR NAME IS

Example 2:

Daniel: Hey

Adam:Cool, you okay?

Daniel: Well, i'm..

Adam:IT DOESNT MATTER IF YOUR OKAY
von John McCain Package 1. April 2011
 
2.
Polite thing to say when you've accidentally revealed something that's bothering you.

Used so the other person forgets about it and doesn't worry.
Person 1 - Ah, yesterday was horrible.
Person 2 - Why? What happened?
Person 1 - It doesn't matter.

Person 2 - Cool, I'm going for some chips.
von Milonima 26. Oktober 2014
 
3.
it doesn't matter
it doesn't matter
von sj0r 27. April 2003