More thoughts on #Bitcoin Covenants…
-insufficient product market fit
-insufficient user technical competence
-insufficient appreciation for Sound Money & Rational Economic principles
-not a necessary upgrade
-may open up #Bitcoin to unknown attack vectors
-why does #Bitcoin as “money” need to have covenant functionality programmed into its core DNA?
-perhaps timelock transactions minimize attack vectors because Time itself can’t really be manipulated/abused… so why/how do Covenants minimize attack/abuse vectors like Timelocks?