I don't think yours is a "conspiracy theory", but like conspiracy theories, this approach presumes that there is some powerful group, or at least a loose association of people at the helm of the regulation, who are steering the course of BTC in a way that favors their stakeholders - banks, paypal, Western Union, etc. I think that the truth is actually more terrifying: the regulation is rudderless. There is nobody and no particular group of people at the helm.
Centralized money-printing sets the course of the economy, and of the government that depends upon it. The direction is towards centralization and control. It isn't a "conspiracy theory". Ben Bernanke gives regular press conferences. It's the entire reason Bitcoin even exists.