So this is the price users have to pay for using their "regulated" exchange/wallet? Welcome to the "paypal" of bitcoin 
CoinBase deserves credit for helping Bitcoin grow stronger in the "real-world". They have the right to decide how to deal with regulations and users have the right to use them or look for other options.
Absolutely, if people don't trust or dislike coinable they should just simple not use their service. There are literally a dozen of CoinBase alternatives out there, choose the one that fits you the most.