I would be upset to put it in my dog's basket as a blanket as I would worry the nasty nylon would irritate her paws and the colors would clash with everything else in the room.
If you did wear this, I would pair it with some greying black leggings baggy at the knees, and some very dirty white trainers. You should have greasy hair, pulled back with a pineapple clip, greasy but pale completion with no make-up, apart from some bulky eye-brows you have tattooed on several years ago which have now gone blue. So, if that's the look you were going for, go for ti!