Link to that very first block https://blockchair.com/bitcoin/block/0
The subsidy then was 50 BTC
Re:Bitcoin Halving Just Occured
by iso-8859-1 on Monday May 11, 2020 @09:30PM
(#23149599)
Hardly a subsidy if it can't be spent ;)
The potential discounted future cash flows from it were good.
> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Back then it was a response to the 2008/9 financial crisis, which is what makes this new message relevant.