Bitcoin is just the beginning of the differentiation between the government and the money. It won't lead to a better life judging with the current political behavior. Agreed?
Bitcoin is not a magic bullet which will instantly fix all the corruption and ridiculous monetary policy present in Washington. Theoretically, it would prevent the government (and banks) from lending money they don't have, but that's only if people hold their own bitcoin and don't rely on third parties. If I want to take out a loan and hold the bitcoin in my own wallet, then obviously the bank has to send me real bitcoin which they own. If I take out a loan and am happy to hold my bitcoin in a bank wallet or accept some fake wrapped bitcoin or pegged token, then there is nothing stopping them from continuing with the fractional reserve system.