They found out that American "libertarians" are just Republicans except they want weed to be legal. There's a reason why the Cato Institute, the Libertarian Party and other garbage institutions are funded by the Kochs and other powerful figures: because they pose no threat to the establishment and having a fake third party around is useful.

That's the same reason billionaire vampires fund so-called "grey tribe" techbro cults like "MIRI." All those pretenses of being not right wing and they're #1 with right wingers.