What is possible now is something that is much easier: if you have enough money and time, you can create 2 commits with the same hash, which start with some different parts, which may be chosen arbitrarily, then they have to include some parts that must be computed to ensure that the hashes will match and which will be gibberish that might be disguised in some constants or some binary blob, if possible.
Then you can commit one of them and presumably you can later substitute the initial commit with the other one without anybody being able to detect the substitution.