Fiscal Dominance and the CAGR Floor
Why US debt arithmetic constrains policy, why the exit is inflation, and why fiat debasement creates the floor beneath long-run Bitcoin CAGR, including the impact of ASU 2023‑08 fair‑value accounting and corporate CAMT weighting.
The Structural Floor
Measure in Sats builds its argument the way geometry builds proofs: simple primitives first, then each layer cites the ones before it. This chapter is part of Part II — The Structural Floor. The full chapter is in the book; the chapter preview shows how all fourteen fit together, and the optionality layer and public explorer show the framework applied to live filing data.
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