Rick Rieder is seen as a popular candidate for the position of Federal Reserve Chairman

Rick Rieder is considered a popular candidate for the position of Federal Reserve Chairman. He has stated that Bitcoin will replace gold and advised investors to hold Bitcoin in their investment portfolios. The current probability of betting on Rick Rieder becoming the next Federal Reserve Chairman on Polymarket is 46%. Rick Rieder believes that Bitcoin is a more convenient means of storing value than gold bars, and both Bitcoin and gold can provide stability for investment portfolios.