Better to be free of debt than to allow the burden of debt to control your life.
Discussion
Debt denominated in fiat is actually mathematically the right choice. Since fiat perpetually debases, debt is always easier and cheaper to pay off into the future.
I personally don’t carry much debt but it is a way to game the system. The same tactic is used by the wealthy to maximize their advantage within the fiat rule set.
I do see your point of view but it really depends on the amount of debt and your rate of interest. In a low interest rate environment where inflation is high, it can make sense to take out a loan. For example, car loans at 0% make more sense than paying the entire vehicle up front. As long as you have a safety net, you're golden. But when interest is 7%, the math is much different.
Mortgage loans are oftentimes over 5-10x an individuals gross annual salary. If you factor in higher rates it starts making much more sense to simply rent and invest the difference (ie buy more #Bitcoin).
Also, the future is not guaranteed and in a recession those wage increases or job you would depend on to service the initial debt may not be available. In my opinion, it's much more liberating to avoid these sorts of debt burdens.
Yeah it has to the be right terms for debt but if so it makes a lot of sense.