not the same thing though. in a multisig, I'd need someone else to sign off on my spending. with a covenant, I don't need permission to send but I'm still restricted on where it goes. in terms of censorship, that scales much better for the censor than sending funds to a multisig. plus I don't think "we can already do that" is a good argument for doing another bad thing. "I already stole. so what's a another theft?"