Things I don't get about crypto in general.

1 - People say that crypto is a way to stay away from banks/government and protect your wealth, however what we are seeing right now are exchanges preventing people from making withdrawals. I understand that you can use a cold storage to protect your crypto, just as you can use paper cash to protect your cash. But at some point you will need to make a transfer and use an exchange or a bank and your crypto or money can be locked out. What is the difference then?

2 - People say that CBDCs will give more power to governemnts. In most countries if you get your social security or similar blocked by the governemnt you can't do anything in the financial system, so I believe governments already have all the power they need to block your financial life. And I would rather put my money on a CBDC than on a project such as Terraluna or similar. What's the advantage of crypto or stablecoins here?

3 - Transactions fees are enourmous for Bitcoin and Etherium, sometimes even more expensive than using a traditional bank. Fintechs can offer international transfers, regardless of the amount being transferred for a flat fee. What's the advantage of crypto in this regard?

4 - Store of value. Nothing with the extreme volatily of Bitcoin, Etherium, etc can be considered a good store of value. A store of value implies low volatility and an asset that at least keep up with inflation. I often see people comparing the rise of Bitcoin price vs the loss of value of the US dollar and other currencies. This is a fallacy. Bitcoin gained value since its invention but it doesn't mean that if you bought it a month ago as a store of value it did its job. Crypto in general are looking more like shares than a store of value. It goes up and it goes down, to make money you either time it right or hold it for decades. What am I missing here?

5 - Exchanges get hacked or go bust and there is no one to turn to to have your crypto back. With banks the government guarantees up to a certain amount of your cash if the bank goes under.

I'm very sincere with my questions and I really would like to hear good and adult counter arguments.

Cheers