- Binance CEO said he will implement the DOT iPad app in the company.
- CZ said Ray Dalio acknowledged not understanding enough about Bitcoin.
- DOT is one of the numerous subjects that CZ claimed to have learned from Dalion.
Binance CEO Changpeng Zhao (CZ) has hinted at adopting one of Ray Dalio’s employee management systems, DOT. He said that while responding to Dalio’s Bitcoin criticism.
CZ tweeted that he loves Dalio’s DOT employees’ rating system and would implement it at Binance. He counted the DOT system among several things that he could learn from the renowned hedge fund expert.
Side note, I also loved his DOT system. Will implement that in Binance too. Always so much to learn from Ray. 5/5— CZ Binance (@cz_binance) February 3, 2023
Dalio criticized Bitcoin earlier this week, describing it as “a tiny thing that gets disproportionate attention.” He also called Bitcoin an ineffective store of wealth. Dalio said that Bitcoin has no relation to anything, and its value is less than one-third that of MSFT stock.
The hedge fund manager’s Bitcoin criticism generated a lot of reactions from the cryptocurrency industry, including comments from CZ.
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