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"Better Than the Old Covenant"
Covenants are agreements that include promises.
Covenants can be made between greater and lessers or equals.
Divine Covenants are made by God with man. They are sealed or ratified by bloodshed and death.
Israel was God's primary recipient of the Old Covenant.
Due to Israel's "national rejection" of their Messiah, gentiles are for now the primary recipients of the New Covenant.