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You act like you know so much about libertarian philosophy or politics, but it doesn't seem like you actually do. That's the kindest way for me to put it. Libertarians prefer personal and economic liberty first over the structural style of government or how the leader gets power.

Many even correctly point out that the USA was set up as a limited republic where representatives would serve as a buffer against the excessses of majoritarianism. In other words, things like religious fanatics not massing up at a vote to turn people of rival religions into criminals. Or perhaps most people in that country hate gays, jews, gypsies, etc. and would like to persecute them. This is a fairly mainstream libertarian view on things from Jefferson to Ayn Rand and even many libertarians and republicans today.

Anarcho-capitalists like myself, on the other hand, have practically no concern for democracy, at least political democracy at all because we believe in no government at all, at least not the kind that is set up in a completely consensual manner, like an apartment rental agreement, or security contract. I suggest you read writings of Rothbard for more info or read 'Practical Anarchy' by Stefan Molyneux.

Finally, there is even a well known libertarian professor who makes the case that monarchy is better for personal liberty than democracy with his book "Democracy: The God that Failed".