Ludwig von Mises viewed sound money as a limit on government power and as "an instrument for the protection of civil liberties against despotic inroads on the part of governments. "
The best way to think about tradition is to view it like capital accumulation. Knowledge is accumulated through countless centuries of trial and error. The state seeks to destroy historical consciousness and old ways of life to secure power.
Syndicalism is direct violent action against the institutions of capitalism, such as security forces, and especially property owned by businesses. This approach is often adopted by Marxists, socialists, and fascists as a means of gaining power.
As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.
"Defunding" the police isn't likely to actually lessen the control the state has over our lives. But repealing countless laws that give police far too much power would certainly help.
Whether or not race is a factor, the monopoly power enjoyed by police agencies (and other government agencies) creates the conditions likely to lead to more abuse of power.