Damn that's a good one 🎯

bitcoin can be hacked the same way, can it not? make self hosting complicated (e.g legal requirements) and issue paper money representing bitcoin that you later decouple

It can be socially hacked as well, however that hasn’t happened and it’s much more difficult to conduct and succeed at such an attack versus gold.

True, but I feel like it has already started. Bitcoin ETFs and Saylors "converting bitcoin to compamy shares" tactic are the first abstraction layers. The opt-code knots debate amongst other things introduced the psycological deterrant of "if you run a node you might host cp" as well as eu regulation that now requires exchanges like bitstamp to validate wallet ownership on withdrawls and bitcoin registers all make it harder to self host amd not go the convinient route of using bitcoin via an fiatesque abstraction layer.

It’s constantly under attack from internal and external threats. These are some of the latest, there will be others.