I don't think loans ever go away. People need money for houses, cars, unforseen expenses, etc. loans will always exist. The problem with loans is fractional reserve banking and an increasingly growing money supply.

Loans have always existed, but they were never widely available to the average person buying everyday items. For example, loans became more accessible after the USA decoupled from the gold standard, which allowed more people to buy things like cars. Before that, how did people buy a car? Well, they had to walk to work, ride a bike, or take the bus for YEARS, saving up for a purchase. Once we transition to a Bitcoin standard, we’ll be returning to this system. The days of easily buying cars, houses, pizza, and clothes on credit will be behind us. I’m in Canada, and life here is much easier compared to other countries because we can access credit for things like cars or clothes. But many countries still don't have that option. It’s hard to imagine having to walk to work or ride a bike for years just to save up for a car in Western countries, but I believe this will happen no matter how hard companies try to keep the loan system going. Credit has made many people in the West selfish and less mindful about saving. The culture here isn’t about saving—it's about spending on credit. You know those grandpas who say they had to walk miles to school or work? Well, we might be heading back to that. Loans will still exist, but they will be reserved for big purchases or companies, not for the average person. The "good days" of easy credit are over, and I support this shift. That’s why I believe in Bitcoin: it will push people to work harder, lose weight, and learn to value money.

How would bitcoin make loans and debts obsolete ? What would prevent banks to lend bitcoin or bitcoin derivatives ? There will always be people or entities in need for upfront cash to launch businesses, won't there ?

Oh you were already talking about that in the moment between my thinking and my post :-) Still doubtfull though

The core idea is that Bitcoin is a deflationary asset, and its fixed supply means there's no central authority that can inflate or create money. This limits the ability of banks to issue loans the way they currently do, based on fractional reserve banking, which relies on the ability to create more money. In a Bitcoin standard, lending would likely shift toward a more direct, collateralized model. This would make loans more tied to real, existing value and might lead to more responsible lending practices. In a Bitcoin system, this could encourage more people to save and invest responsibly, knowing that the purchasing power of their money is more stable. Borrowing could still happen, but it would likely be less leveraged and more sustainable since the cost of borrowing would reflect the true value of Bitcoin. Bitcoin's decentralized nature means it's harder for banks to control lending the way they do with fiat currency, which could lead to less reliance on debt and more emphasis on sustainable, responsible finance. You guys need to research the early 1900's because that's where we are heading especially since Trump is on his way to removing the IRS & FED. The good times are over for people who love borrowing money.