Levi Rietveld, a popular crypto commentator, has sharply criticized the US financial system, linking its problems to the rising number of bankruptcies and inflation. He identifies XRP as the only viable alternative to the current model.
Financial System in Crisis
In a recent video, Rietveld stated, 'The system is broken' and 'the system does not serve us.' He connects this with the rise of bankruptcies and growing unemployment, as well as persistent inflation.
Rising Bankruptcy Cases and Their Consequences
Official figures confirm mounting corporate strain in the US. In 2025, there were 446 bankruptcy filings, already 12% higher than in the 2020 pandemic.
Need for Reform
Rietveld emphasizes that the ability of governments to print money at will undermines confidence and devalues savings. He argues that a shift to digital assets is necessary for long-term stability.
Rietveld concludes that XRP could provide the only realistic path for reforming the financial system, emphasizing its transparency and stable model that protects users' interests.
