Yes, I know the pun in the title is now way over used, but how can I not take the opportunity? Today Don Mattrick, President of Interactive Entertainment Business for Microsoft posted that there will be a day one patch that will remove the requirement for the Xbox One to force a check of your internet connection so you can play your games. There will be no problems with you wanting to trade / sell / loan a disc based game. In fact, all playing of games will work exactly as it does today; no network no problem. As long as we're assuming you are doing single player, but that part is kind of self explanatory.
There are two downsides to this whole thing. We have now lost the ability to install games to an Xbox One and not need a disc and we lost the family share plan. Overall, I think the gamers came out ahead.