It does if you don't want a worse privately owned government. Either the government will stop crime, or Palantir and the Pinkertons will stop anything they seem to be crime, or there never was any crime.

>technical definition of Libertarianism

You see, that's the great thing about Libertarinaism, it can be whatever you want, and when there's something you don't like you go "but that's not real Libertarianism"