To equate a Jo-Bolt with a rivet is a bit disingenuous. While you could replace a rivet with a Jo-Bolt, a rivet is not a replacement for a Jo-Bolt. Jo-Bolts are mainly used in situations that call for high-strength blind fasteners. Others that might fall into this category are Huck Blind Bolts and Cherry Blind Bolts. They all need special tools to use them.That jobolt isn't really a bolt because the bolt snaps off on installation. Just an expensive rivet.