I am now, selfishly, 100% FOR a #Bitcoin covenant soft-fork.

Why? Because we need to expand the number of people who can have UTXOs (covenants enable sharing).

Why expand? Because if we don’t, then people will use custodial alternatives (banks). We already see this starting.

So what? Banks (pegged shitcoins, eCash, etc.) WILL print in excess of reserves. This always happens.

Who cares? I do. Paper BTC dilutes the value of my Bitcoin. If you like NGU, you should care too.

Covenants => more key holders => less printing => higher value.