What does the New Covenant mean for believers?

The New Covenant, prophesied in Jeremiah 31:33 and fulfilled in Christ, promises that all God's people will know Him personally. This covenant signifies that God's law will be written upon the hearts of His people, leading to an intimate relationship devoid of external constraints. Hebrews 8:10 reaffirms this by stating that God will be their God, and they shall be His people. This means that the believer's understanding of God is not merely academic but experiential and relational, emphasizing the deep connection God has with His elect.