Yes it’s very good news for Bitcoin these little victories build into big victories HODL.

There is something wrong in the way you explain the effect of inflation. Inflation is based on goods. So assuming an inflation, your money worth less than what it was.

Governments like China can block connections with their great firewall. For those who are still bypassing via VPN or some unblocked connections, they can only place serious consequences. I mean to connect to a mining pool. Idk, but I think if you can't connect to a mining pool, it will be very difficult to mine a block for huge btc scatter. Does anyone smarter than me have ideas?

The moment I read the words "decentalized currency" I thought "this makes so much sense, why hasn't this been a thing before?" and then I started reading. Took a while to understand proof of work and how it solved a problem initially considered perhaps unsolvable

"He is a congressman representing the Hagamos Party, a party with only two seats in the 80-seat Chamber of Deputies."

Yeah, I'm not feeling too optimistic about this one.

While I do think it was dumb for the Chinese government to shut down a substantial amount of hash power within their boarders, I don't think it was done out of arrogance. The Chinese are masters at playing the long game, they have extremely low time preference. It may seem short sighted to crack down so fast and hard on mining, but I'm certain they have thought this out. Maybe they simply saw bitcoin as a threat to their coming CBDC or maybe they have other intentions. Only time will reveal what their true motives are. Either way, don't underestimate the CCP and their ability to wait a long time to get what they want.。

Just to name a few:

Google

Youtube

Facebook

Wikipedia

Reddit

Netflix

Instagram

Whatsapp

Skype

Quora

Winnie the Pooh

Alice in Wonderland

Even though these things are banned in China, they are thriving in the rest of the world.

If China wants to crackdown Bitcoin mining activities, miners will go elsewhere. This is actually a good thing for cryptocurrencies, as it shouldn’t be under a decentralised, power-obsessed regime. China can play with its digital yuan.

Encryption regulations are improving. It can be said that the biggest benefit of the unprecedented volatility of cryptocurrencies is the introduction of better cryptocurrency supervision. These regulations have now begun to take shape. Due to the formulation of these rules, the uncertainty of cryptocurrency prices will be greatly reduced. This is of great significance to the promotion of cryptocurrency transactions and to the rise of cryptocurrency prices. Appropriate supervision will help solve another obstacle that hinders the development of cryptocurrency, which is crypto fraud. Therefore, these regulations will help dispel the worries of new entrants and lay a solid foundation for future investment growth.

The security risk is just one thing and lets be honest if you setup stuff properly and are awake you are pretty safe on an exchange.
The big problem is that not owning your keys is giving power to a centralized party.
It is undermining the essence of Bitcoin.
In this same way gold Smiths started storing gold for customers to give them a IOY in return. They realized only some 20% of all gold brought in was actually asked back at any given time. So they started to lend out some of that gold in their vault to gain interest on it. When that was abused to much people got suspicious and demanded their gold back, hence the name bankrun.
There is nothing stopping exchanges to doing exactly this. They will make Bitcoin a derivatives game, giving people fiat based on paper bitcoin possession.
We won't be knowing how much fiat is backed by how much Bitcoin and we are back at where we started.
Bitcoin is designed to provide true ownership, it is made easy and unambiguous.
Only in that way true decentralization can be maintained.
Perhaps you should try to explain this to your friend.
Be prepared for many follow-up questions about a lot of stuff..
But there is a risk she isn't interested since this would mean she has to put in a lot of effort to really understand the systems.
Many are in it for just some gains, we have to try nevertheless.
Success!

Let's be careful

All of these countries are poor and being hammered by a weak dollar. This could get messy if the US protects usd hegemony

Although El Salvador is a small country in Central and South America, it has a population of 6.5 million. These 6.5 million people will be potential users of Bitcoin. Bitcoin is definitely more beneficial than exploitable.

Tanzania's President Samia Sulhulu has asked the country's Central Bank to start exploring the crypto sector. "We have witnessed the emergence of new journeys through the internet…My call to the central bank, is to start working on that development," she said.

Although Iran has introduced a suspension of Bitcoin mining, it has only been for 4 months, just for the country's electricity consumption. Will it continue to mine when the time is up? See if it will take a new step like El Salvador.

Bitcoin is decentralized, there is no religion, faith is just Bitcoin.

Taxation can only make the price of Bitcoin higher. Taxation means that the country officially recognizes that the benefits of Bitcoin are legitimate rights and interests. Since paying taxes in accordance with the law, the country has an obligation to protect.

China's ban on mining is good in itself, and the market ahead is not so good, but I believe it will get better in the future. It will break the number one power country and spread it to North America, which is beneficial to the blockchain.

If the governments of all countries ban Bitcoin by legislation, this will show the great horror of Bitcoin, indicating that Bitcoin will greatly shake the regimes of those countries, and the result is that Bitcoin will be deeply rooted in the hearts of the people.

First know how much you have in your hand, it is better to recommend

You opened the digital currency exchange, and now I tell you that one of the unknown altcoins will double in the next ten years. If you study, you will have wealth and freedom within ten years. Do you believe me? Do you bet on houses and cars? I guess you dare not.
Don't say you dare not, 99.9% of people do not dare, because the probability of losing the bottom may also be 99.9%.
Therefore, the same is true of Bitcoin ten years ago. Few people know how the price of this thing will develop in the future, only a very small number of people have the courage and luck to get it today. But you are not such a person. Even if I asked you to start buying bitcoin ten years ago, you would never dare.

In my opinion, the blockchain has two application targets, enterprise-level and public. When the technology developed is facing enterprises, it is natural that some enterprises do not need tokens to pay. If users are replaced by the general public, then the reward mechanism of using tokens is necessary. If facing the public also use regular fees, then centralized operators can also use bribery to change most of the nodes, which is the so-called 51% computing power attack, which affects the credibility of this system.