# Daily observation 7/16

By [andywan](https://paragraph.com/@andywan) · 2022-07-15

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BREAKING: Vladimir Putin has signed a law banning [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) and [#cryptocurrency](https://twitter.com/hashtag/cryptocurrency?src=hashtag_click) as a means of payment in Russia.

**Xi will follow Putin to ban Bitcoin and cryptocurrency as a means of payment in China**

#Crypto is for mercenaries. #Bitcoin is for missionaries.

[Michael Saylor](https://twitter.com/saylor)

[https://twitter.com/Immutable/status/1547974279903424516](https://twitter.com/Immutable/status/1547974279903424516)

[https://www.enterthemandala.io/](https://www.enterthemandala.io/)

[https://twitter.com/btroverse/status/1547970325723303940](https://twitter.com/btroverse/status/1547970325723303940)

Shanghai aims to build a $52 billion metaverse economy by 2025

It’s a joke!

[https://twitter.com/XANAMetaverse/status/1547945730421141505](https://twitter.com/XANAMetaverse/status/1547945730421141505)

[https://xana.net/](https://xana.net/)

[https://twitter.com/Shibtoken/status/1547328846164369409](https://twitter.com/Shibtoken/status/1547328846164369409)

![](https://storage.googleapis.com/papyrus_images/f26c0c6e53207862f9be8c59fa6ffc3cd7b02268d6698fcb92fd143de2927998.jpg)

[https://twitter.com/CryptoBatzNFT/status/1547676358783823873](https://twitter.com/CryptoBatzNFT/status/1547676358783823873)

[https://twitter.com/CryptoBatzNFT/status/1547676358783823873](https://twitter.com/CryptoBatzNFT/status/1547676358783823873)

[https://twitter.com/tonyhawk/status/1547242461218877441](https://twitter.com/tonyhawk/status/1547242461218877441)

![](https://storage.googleapis.com/papyrus_images/38038730ef3ba3061b67e5590117387bfce5befd5fd1674aaa574174d37f55b6.jpg)

[https://twitter.com/Metavers\_Worlds/status/1548057251562541056](https://twitter.com/Metavers_Worlds/status/1548057251562541056)

[https://www.archdaily.com/984891/is-metaverse-really-the-end-of-barriers-for-architects](https://www.archdaily.com/984891/is-metaverse-really-the-end-of-barriers-for-architects)

L1 that were originally imcompatible with EVM successively lauched L2 compatible with ETH’s EVM, such as Near’s Aurora, Polkadot’s Moonbeam, Cosmos’s Evoms, Solana’s Neon.

[https://www.virstate.io/](https://www.virstate.io/)

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*Originally published on [andywan](https://paragraph.com/@andywan/daily-observation-7-16)*