Actually, the evidence is starting to show that the subsidy comes from federal government. Mining is the process of converting registered value to fungible valu

Actually, the evidence is starting to show that the subsidy comes from federal government. Mining is the process of converting registered value to fungible value. The premium on fungible value comes by way of regulatory controls on drugs, gambling, capital flight, and sex workers. A little more than 50% of the bitcoin being mined on any day would appear to be allocated for use by those who need bitcoin, in these industries.