

GEM considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally.

dollar or Japanese yen) or using them as payment for goods and services, Gems can be earned or received in various ways. She's also one big stupid mofo.By exchanging GEM against fiat currencies (such as the U.S. She's being delusional about her non-existent money and starts giving out empty promises to everyone she knows. What irks me is that it seems my mom is so invested in Lyka. There are two outcomes in this scenario: Lyka to publicize all its investors, or pay SEC (an insider of SEC told them this) a shit load of money to "bypass" this because they want to take advantage of Lyka's loaded investors. Of course, the most affected by this are the merchants who can't cash out from Lyka. With Lyka being forced to stop its operations, they are stopping all transactions of users and the merchants. I only know one of them, and he ran as a president last 2022 election.Īll of these have to be made public, or else Lyka won't be able to register to the SEC. You have the guy with an esports tram named after him, of course there are bound to be investors from the government. Over the years of Lyka, they have gathered more and more investors along the way. In order to make Lyka a registered entity, meaning you have to publicly state who your investors are, the board, etc. Then we hear Banko Central stopping its operations because Lyka itself isn't registered as an entity. Chito Miranda even bought a mid-range head phone using it. Well, lo and behold, she tells me that she had already invested prior to asking me for advice. It didn't sit right with me so I told her to least hold off before putting in "her" money. Because it looks more like a ponzi scheme + taking your profile and selling your data to advertisers. To invest in Lyka.Īfter hearing it, it sounded okay, but it sounded more. She asked me if it was the right thing to do.

I'm in the tech industry and it doesn't even take one to smell fraud in that line. Ohhh boy my mom was fucking sold right away. The main pitch of JC was, turning your X million to XXX milion in 5 years. They even have their fucking "promise" ring to commemorate their friendship and promises that they will be rich after Lyka blew up. I don't know how it happened, but they somehow met, and with her friends, and other investors, they kicked off Lyka Gems. You'll never hear that name being associated with Lyka, and it was designed that way. A guy who has a pending case in SEC and is in hiding. The real man behind Lyka is Joseph Calata. Or rather, it was my stepdad's money because she's a mofo gold digger bitch.įor those who will be asking, Lyka Gems will ever make a come back. She's one of the core financiers of Lyka (those fucking gems that blew up and didn't come back after a while). I always kept on going back to my relationship with her, and the emotional baggage is still big. I tried my best to keep it short for the first post but yeah it wasn't enough. So I thought one post would be enough for her.
