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In a medium saute pan over medium heat, gently toast the walnuts, stirring frequently so they don't burn, about 5 minutes.
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Take off the heat and allow to cool slightly.
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In a food processor or blender (or, high powered blender, you lucky creature), combine all ingredients (omitting or using less coconut oil if you have that high powered blender).
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Allow to process until your desired consistency, scraping the edges of the processor or blender as needed--roughly 3 minutes or so.
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Take a spoonful now and revel in your creation.
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Makes about 1 cup of walnut butter.