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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.

Seconded. And also we need CISA

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Agreed. Cross-Input Signature Aggregation (CISA) is another mechanism for densifying transaction data.

I do think CISA is worthwhile but CTV is essentially ready. CISA is a research project.

Very true. It needs a lot more time and focus, but honestly CTV is good to go today and I think increasingly we have consensus on it.

I do not think we have consensus on any changes rn. What makes you feel that way?

A lot of the FUD has been dispelled, my impression is people generally understand it better, and for me knowing that it's

1. very safe and conservative

2. enables a number of interesting applications

3. Can be upgraded later to address issues the "CTV is not powerful enough" crowd come up with