Fun fact, the current pronunciation of "lose" likely comes from people in the past confusing it with "loose"! Quoting the OED:

The regular modern English pronunciation representing Old English losian would be /ləʊz/; the standard English pronunciation /luːz/ seems to be due to association with LOOSE v., which in some contexts (e.g. to loose hold) closely approaches this verb in meaning.

Otherwise it would probably be pronounced as /ləʊz/ (similar to nose, pose, close, etc.).

So people in the past doing the conflation - totally fine, accepted, and normal. Because that's what you learned from the start. But people now doing the same kind of conflation - unacceptable, illiterate, stupid. Because that's new and different.

People are afraid of change, who knew...