Bitcoin News(@BitcoinNewsCom):LUKE GROMEN: STARVING PEOPLE DON’T BUY STABLECOINS Gromen does the math behind the fertilizer shortage facing the world from the Strait of Hormuz closure. By his most conservative estimate, the result could be a famine affecting 100M people. That’s the same population cohort Bessent and the US Treasury hope will buy dollar stablecoins to help prop up the Treasury market.

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2026.05.13 12:51

LUKE GROMEN: STARVING PEOPLE DON’T BUY STABLECOINS Gromen does the math behind the fertilizer shortage facing the world from the Strait of Hormuz closure. By his most conservative estimate, the result could be a famine affecting 100M people. That’s the same population cohort Bessent and the US Treasury hope will buy dollar stablecoins to help prop up the Treasury market.