Coinbase losing all their Bitcoin like that would be the most bullish thing that could possibly happen. It might finally teach people to take self custody. The question should be "would you rather Coinbase give users the illusion of safety and the price pumps to 1 million US, or Coinbase can't hide their incompetence and lose all btc leading to a short to mid term price crash forcing put all the tourists and validating the thesis of the hardcore maxis, leading to a strong and growing base of non compromising maxis making the tough tradeoffs to stay sovereign and free" I know which one I'd choose.