Libertarian Party Nominates Chase Oliver as Presidential Candidate, Crypto Stance Undecided

At the Libertarian Party convention, 38-year-old Chase Oliver was nominated as a candidate for the 2024 U.S. presidential election. The candidate of the third-largest political party will face Democratic candidate Joe Biden and Republican candidate Donald Trump. After Oliver was nominated, many people expressed concern about his stance on cryptocurrency. Although the Libertarian Party supports the use of any mutually agreed-upon goods or items as currency, Oliver has not made a clear statement so far. Oliver supports the release of Silk Road founder Ross Ulbricht, but his specific views on digital assets remain unclear. Oliver's proposed running mate Mike ter Maat strongly opposes central bank digital currencies (CBDCs) and supports no regulation of cryptocurrencies. In addition, Trump has become more active on the issue of cryptocurrency, announcing that he will accept digital asset donations and expressing an open attitude towards the technology. President Biden is expected to sign three cryptocurrency-related bills by November, which may affect voter choices. The Libertarian Party only received about 3% of the vote in the 2016 presidential election, but in the 2024 election, third-party candidates may affect the results by splitting votes.