I once had an interesting discussion with a friend of mine about how lolspeak has worked to the depersonalization of failure.

Thus, instead of "I have accidentally started a thermonuclear war. I am thus a failure", we can say "That is full of fail", or even just the shortening of "you fail" to "Fail". It somehow makes the failures more objective, but also less personal, that it is a matter of the specific circumstance instead of your inherent ability.

At least, that is how I like to think of it.

Right-thinking is hard, and I commend and encourage you.