If Coinbase loses the ETF keys, are you going to agree to inflate the supply cap to make the Institutions whole?
Or would you post memes dunking on Larry Fink and laugh at the few million coin donation Brian Armstrong made to Bitcoin? 
Discussion
People stuck in fiat land claiming to be Bitcoiners are my favorite kind of dunce.
The memes would be glorious
That is what old mate doesn’t realise, the memeing would be unparalleled
All of this also implies that all the new rich Bitcoiners would completely squander their opportunities and advantages from this which they would not.
They would likewise have a tremendous amount of bitcoin AND most likely be smart enough to secure it properly AND be ideologically aligned AND influential.
Yeah it’s extremely poorly thought through.
If Larry Fink and Cathie Woods and Barry Silbert get rugged by Coinbase and make some community plea and/or pressure campaign, the long-term HODLers who are sitting on big stacks who Bitcoiners know and have far more respect for will be on every podcast laughing at them and they’ll get basically zero support.
So what if the Institutions lose all their corn - they can buy more, at way higher prices from a much smaller supply cap 😂
1. Coinbase will fuck this up and everyone knows it and if the other parties are good actors (ikr?) will diversify custodial risk away from Coinbase (Bear Stearns) as soon as possible.
1a. If Coinbase doesn't screw it up fast enough, queue cyber attack or just use that soon enough on CB to start an internet panic.
2. The master plan is to make ETF non-custodial "blood bitcoin" and force everyone into custodial bitcoin by making running nodes, sending bitcoin or having a wallet illegal or practically so...
3. The short term is to push CBDC and when that fails, push CBTC, Centralized Bitcoin. We are governmentizing bitcoin for your protection.
4. Fork off if you want to fuck.
5. Then they fight you really starts, but it already did.
so many assumptions, so little time
It would fail miserably, and plebs would have fun.