Am i missing somehing? Who is going to change the cap?
On the other hand, they are just numbers. (bitcoins) You can double the bitcoin count, their value will stay the same for 2x coins. So what is the problem?
Think about this, they are just numbers.
It matters because of distribution. This reminds me of stock issues and of course same deal that the total value of the company is not changed, the price just halves when you double the stock available.
However if the new stock is given out to different people, you enpower those new stock holders and destroy value for holders. Its a terrible idea that only works in a company scenario with very strict rules, fund raising. There is no viable BTC fund raising and no way to contact holders for a 'rights issue' it would only lead to one conclusion; a fall in value.
An induced failure by misunderstanding and corruption of the bitcoin protocol