first-setup.sh from ConTeXt standalone contains the following lines:

readelf -A /proc/self/exe | grep -q '^ \+Tag_ABI_VFP_args'
if [ ! $? ]; then

That probably does not work as intended, because [ ! $? ] is
equivalent to [ ! -n $? ]. It does not return the negation of the
return code of the previous command. [ ! 0 ] and [ ! 1 ] both have
exit code 1, because the strings '0' and '1' are both non-null.

Probably no-one actually uses ARMv7 with softfp, including me.