I think your friends may be full of... well, full of it. I can think of no way that would happen. 70v systems are just to transform the signal to a higher voltage (at the "expense" of current) so that if the speakers are a far way off, the voltage drop over the long cable run does not result in poor sound. There is a transformer at the start of the cable run, and another at the speaker that transforms it back to the voltage the speaker does best with (I can't recall what that voltage is.) It's a passive system, there is nothing in the signal path that is going to damage your PA.
Check with your PA manuf. to be sure, but I feel confident I am telling you the truth. I would keep my mouth shut if I was not sure.