Yeah I think you're right man... I hate to be a conspiracy theorist but my gut feeling is that these guys just hate the idea of a currency that is beyond their control to fully manipulate. Although you could argue that they do manipulate it by causing the price to crash by threatening legislation.
But we all know that behind closed doors these same governments are buying up BTC as they price manipulate it.
Yeah, too bad about Coinbase, I should have guessed it was US only.