Expert Sees XRP as Potential Fix for US Financial System’s Failure

Crypto commentator Levi Rietveld has criticized the U.S. financial system, arguing it is broken and serving no one’s interests. He cites increasing bankruptcies, rising unemployment, and persistent inflation as proof of a failing system. According to Rietveld, this situation necessitates a radical shift towards alternative financial solutions like XRP. 446 bankruptcy filings have already been recorded in the U.S. for 2025, with July marking a record month, highlighting widespread distress. Rietveld attributes this to the government’s ability to print money freely, undermining confidence and contributing to inflationary pressure. He argues that XRP, with its fixed supply and transparent issuance rules, can offer stability by preventing manipulation. Its scarcity, he emphasizes, ensures accountability and reduces risk for investors. His argument focuses on removing discretionary money creation, a key contributor to economic imbalance, as the solution to financial instability. While some may question if XRP alone can address broader challenges like corporate mismanagement or cyclical downturns, Rietveld’s message resonates with those seeking alternatives to the current system. With bankruptcies exceeding pandemic-era levels and inflation continuing to erode purchasing power, his proposal for a more reliable and stable financial foundation gains traction. Rietveld believes the change is not optional but necessary. The article was published by Times Tabloid.