The whole point of the high ground is someone just needs to ‘drop’ something in, which is cheap and easy, but someone on the ‘low ground’ needs to make up all the energy to get up there before they are even at the same level.
The energy involved in de-orbiting something and dropping it to the surface of earth (at very high speed) is orders of magnitude less than it would take to get the same mass to even earth orbit from the surface.
Holding a brick over the opening of a well is a much more credible threat to someone at the bottom, than that someone with the same brick threatening to throw it back out.