Stockholm syndrome?
That's what I keep wondering myself. I think it's likely that it just conflicts their theory of value. It could be countered by saying that there's just a lot of loose investor money around or that the real use case is trading against Bitcoin.
"Why didn't you tell me better!"
LOL
While that's a possibility, the more likely version is some murmur about taxing the whole thing to death or outright banning it.
Do you have your keys to "crypto island" yet? :D
Me? Now? Not yet. :D