Rick Rieder, CIO of global fixed income at BlackRock, is emerging as a leading candidate to replace Jerome Powell as Fed chair. Back in 2021, Rieder said on CNBC that BlackRock had begun dabbling in Bitcoin, noting that investors were searching for a store of value as inflation
Roman concrete was remarkable because it could last for thousands of years, even underwater. Its mixture of lime, volcanic ash, and water allowed it to develop cracks that didn’t weaken it. When water entered a crack, it reacted with the lime to form calcium carbonate, which gradually filled the crack and bonded the concrete back together, essentially giving it a natural self-healing ability.
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