IMO they will realize that to do this in the most effective way that they will need to minimize their spheres of trust and will learn about how to create their own entropy with simple analog methods offline (such as flipping coins 256 times) and creating their own BIP 39 seeds. They'll also learn how to run their own nodes for verification and to transmit and receive their own bitcoin transactions. These actions will allow for the dollar price of Bitcoin to break free from their manipulation efforts and will eventually get us to a better bitcoin centric world that will break the monopoly of value creation and distribution from centralized control.
Nope, they will not realize because if they realize, centralized exchange won't survive until now because they're prefer to use DEX or P2P, read this
Hacked Exchanges since 2011.In the future, Binance, Blackrock and any other centralized entity will get hacked or compromised, will they realize? no. When someone is get brainwashed by government to trust centralized entity, there's no way they will change.