Yes, that would be really hard. Pretty much impossible for all but 3(ish) countries, and soon to be zero.

If they want to short term clog the network, it would make more sense to print money to pay fees, but that’s functionally just printing money to buy Bitcoin with extra steps. We would be really close to winning if they tried something like that, and the hash rate would explode upwards.

I think they might’ve already figured out that it’s in their interest to hold Bitcoin instead of playing these silly games. The US had said they were going to sell all their Bitcoin last year, but that never happened.

Also, the state attacks things in much more subtle ways. “Divide and conquer” type strategies and psychological operations. We’re yet to see if those could be effective. I could see them trying to create two competing camps within Bitcoin, maybe “custodial holders” versus “sovereign holders” or something like that.