Point 2 is valid by itself for the purposes of providing a way to show that $e^{2x}$ (and, indeed, $e^x$) are nonnegative.
The fact than an exponential is nonnegative everywhere is inextricably linked to the fact that when we double its argument, its value squares!
However, point 2 contains an embedded assumption: that $e^x$, for real $x$ is a real value (either positive or negative, but not complex). It should be stated.
Suppose that some real-valued function $f$ has the property that $f(2x) = {f(x)}^2$, over all real $x$. Can $f(x)$ be negative? Clearly not, and it's easy to see if we rewrite the relation as $f(x) = {f(x/2)}^2$. For all $x$, $f(x)$ is the square of some real number, and so it must be nonnnegative.
The function $e^x$ is readily identified as being such an $f$.
Furthermore, if we have a function $g$ such that $g(x) = f(2x)$, then $g$ is just $f$ scaled down by a factor of two, horizontally. If $f$ is nonnegative (or positive), then $g$ is likewise, and vice versa, since horizontal scaling has no effect on that.
Point 2, however, requires additional arguments to that $e^x$ is never zero, and thus positive.