A term used by "little l" libertarians who simultaneously want to assert their genuine preference for limited government while owning up to the fact that a lot of Libertarians are silly people with bad haircuts. The label is usually adopted in order to avoid guilt-by-association.
"I really think this stimulus is dumb but I'm just a silly lolbertarian."
af Whats-his-face 16. april 2009
A disparaging term for internet libertarians, used jokingly or not. First seen on Torchthebridge.com
That LOLbertarian candidate will privatize the roads!
af Tezkah 9. oktober 2004
A libertarian under the age of 25.
"Man, your room-mate with the Ron Paul sticker is a real LOLbertarian"
af Ewan Compton 15. december 2007

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