🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Binance to Implement Bridgewater’s DOT Employees Rating System

Published 02/04/2023, 04:39 AM
Updated 02/04/2023, 05:00 AM
Binance to Implement Bridgewater’s DOT Employees Rating System

  • 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.

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.


The post Binance to Implement Bridgewater’s DOT Employees Rating System appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.