The "SpongeBob's Wallet" meme comes from a scene in the "SpongeBob SquarePants" episode "Sleepy Time," where SpongeBob tries to convince Patrick that a wallet belongs to him. SpongeBob logically points out that Patrick’s ID is inside the wallet, yet Patrick denies ownership. This interaction has become a popular meme format for illustrating situations where someone stubbornly denies obvious facts or logical conclusions. It’s often used in various contexts, ranging from political arguments to everyday disagreements, highlighting the absurdity of refusing to accept evidence or truth presented directly in front of someone.