Combine vanilla wafer or graham cracker crumbs, melted butter and vanilla.
Press into a greased and floured 13 X 9 inch baking pan.
Sprinkle coconut, chocolate chips, and butterscotch chips over top.
Pour condensed milk over top; sprinkle with nuts.
Bake at 350 degrees for 20-27 minutes, or until edges are lightly browned.
Cool. Cut into bars or squares.
Store, covered, in refrigerator.