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I don't think you get a pull direction closer to tangential than with that one
Dredge (ish), but as somebody just called attention to this discussion, I should probably address your point properly.
Yes, a jubilee clip does a very good job of approaching a tangential pull on a floppy strap - these are good things. My concern is that the minimal thread engagement and coarse thread pitch might not be capable of generating the required circumferential tension.
That's certainly closer to ideal than the Hope one 🙂