In conclusion loan is not for everyone but for people who are financial minded or wise, and not for guys who should not have been using dept due to lack skill and or using it in the wrong circumstances.
I agree with you on this, some people doesnt understand what loan is meant for, as a matter of fact before anyone access a loan facility or individual loan, such person should have consider a means of paying back such loan to avoid indebtedness, you don't get a loan just because you heard that MR A got a loan and it favoured him in achieving whatever purpose he got such loan for, in the aspect of accessing a loan for Bitcoin investment or whatever investment one want to go into I will only support this if the person involved understands how to manage financial risk and also have the ability to plan with the amount available to enable him or her process whatever idea he wants to invest on to a realistic investment then such person is good to go.
Loan is meant for people who are not financial reckless that are ready to turn any amount given to them into some good amount not people whose purpose of getting a loan is to invest in something that may keep them financially stranded in a short while if care is not taken.
When a person calculates the advantages and disadvantages of getting a loan versus not getting a loan, there might not even be a very great difference between the two options.....