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In a saute pan over medium heat, cook bacon until crisp. Allow it to cool down slightly, rough chop into pea-size pieces.
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Cut open avocado, remove pit, scoop flesh into a medium-size bowl, and smash with a wooden spoon.
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Add Sriracha Mayo, lime juice, bacon, and mix well. Add more lime juice if needed.
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Serve as a dip for chips or French fries.