I got an interesting response from IBOM Support yesterday regarding my last posting. I was told that a cowardly scammer had hacked this blog and had written the last post. I assume Support was referring to the last post as I cannot find anything I have not written myself.
Perhaps I am shooting myself in the foot by admitting I wrote the last post that quoted letters sent me by a reader I call "Mace". Perhaps, since Support instructed me to delete everything the hacker wrote, I am at risk of having my IBOM account deleted for not deleting my own last posting which Support believes to be the writing of the hacker. They might just close my IBOM account as they threatened to do once before when the questions I asked in my blog and the possible answers I came up with were esteemed by Support to be negative and harmful to IBOM. I was told I was not supporting IBOM and therefore was not worthy of having an account. The only way to correct the situation was to delete all my blog entries that questioned IBOM otherwise my account would be closed.
I did delete my entries. They didn't close my account. They just froze it, putting it on Administrative Hold where it could earn no interest, not even 3%, the lowest interest rate offered. That was over a year ago, almost 2 years now if memory serves.
In my last blog, the one Support wants deleted, I presented an offer to help King Peii II to get his piles of assayed, gold-rich ore smelted and purified so it can actually be backing of a currency, the gold itself being currency in its own right. With hundreds of billions of BVK worth of gold ingots in place the King would surely be able to successfully back his new currency. Add to that the fact that his employees would have been paid in BVK (backed by the gold they were purifying) and so those BVK would have been put into circulation in the economy the wealth of the nation would be increased two-fold -- by the influx of BVK and by the creation of new wealth, the gold.
I thought the offer to the King would be a good thing, possibly even evoking a response something like, "Thank you, Mr. Sevy. We will take your offer into consideration." I did get a response but it was nothing like what I hoped. I was told to delete the blog entry containing the offer to the King. Why?
"Our message for today is that you must know that you are associated with the most wanted fraudsters and criminals. You are linked to those criminals because you are the owner and director of the fraud bank under the name of ibom (M=Meekamui). We have got more than enough materials which will make Roger Renaud, your Secretary of State, one of the most wanted fraudster in the world. You can never justify your position by your silence." Mace laid it on the line with this statement and I think he was right to do so. Surely, if the King knows anything is amiss he is responsible to eradicate the error, correct the problem, evict the "fraudster" with denunciations or the King is as culpable of the crimes committed as s/he who actually perpetrated the crime.
If I know of a crime and of the criminal and I do nothing but remain silent I can be held partially responsible for the damage done. Jail time could result or at least a sizeable fine. Just as ignorance of a law is no justification under the law of breaking the law, silence is no defense of a crime revealed. If I know of an ongoing crime I have a responsibility to my community to reveal the crime or I can be held responsible for the damages to victims of the crime. This is common moral law which can be upheld by an ample supply of case law.
Of course, those who make the rules often set themselves above the rules just as "he who has the gold makes the rules". There is little that the little guy can do about that and I am a little guy. This means I may be at risk of having my IBOM account shut down because I will not delete my last blog even though Support told me to, they believing it to be the writings of an anonymous hacker, most likely thought to be Mace.
I don't anticipate any good to come of this. My IBOM account might be deleted instead of this blog. However, since even the King will not respond to my offers to use his BVK for legitimate business just as no other banker or business person will respond to my offers, there seems to be nothing lost if my account is shut down. If my account is terminated the only thing lost will be my initial small cash deposit and the wish and hope lost forever that the Bougainville Kina actually has any value.
I'll keep you posted.
Cameron Cv
Perhaps I am shooting myself in the foot by admitting I wrote the last post that quoted letters sent me by a reader I call "Mace". Perhaps, since Support instructed me to delete everything the hacker wrote, I am at risk of having my IBOM account deleted for not deleting my own last posting which Support believes to be the writing of the hacker. They might just close my IBOM account as they threatened to do once before when the questions I asked in my blog and the possible answers I came up with were esteemed by Support to be negative and harmful to IBOM. I was told I was not supporting IBOM and therefore was not worthy of having an account. The only way to correct the situation was to delete all my blog entries that questioned IBOM otherwise my account would be closed.
I did delete my entries. They didn't close my account. They just froze it, putting it on Administrative Hold where it could earn no interest, not even 3%, the lowest interest rate offered. That was over a year ago, almost 2 years now if memory serves.
In my last blog, the one Support wants deleted, I presented an offer to help King Peii II to get his piles of assayed, gold-rich ore smelted and purified so it can actually be backing of a currency, the gold itself being currency in its own right. With hundreds of billions of BVK worth of gold ingots in place the King would surely be able to successfully back his new currency. Add to that the fact that his employees would have been paid in BVK (backed by the gold they were purifying) and so those BVK would have been put into circulation in the economy the wealth of the nation would be increased two-fold -- by the influx of BVK and by the creation of new wealth, the gold.
I thought the offer to the King would be a good thing, possibly even evoking a response something like, "Thank you, Mr. Sevy. We will take your offer into consideration." I did get a response but it was nothing like what I hoped. I was told to delete the blog entry containing the offer to the King. Why?
"Our message for today is that you must know that you are associated with the most wanted fraudsters and criminals. You are linked to those criminals because you are the owner and director of the fraud bank under the name of ibom (M=Meekamui). We have got more than enough materials which will make Roger Renaud, your Secretary of State, one of the most wanted fraudster in the world. You can never justify your position by your silence." Mace laid it on the line with this statement and I think he was right to do so. Surely, if the King knows anything is amiss he is responsible to eradicate the error, correct the problem, evict the "fraudster" with denunciations or the King is as culpable of the crimes committed as s/he who actually perpetrated the crime.
If I know of a crime and of the criminal and I do nothing but remain silent I can be held partially responsible for the damage done. Jail time could result or at least a sizeable fine. Just as ignorance of a law is no justification under the law of breaking the law, silence is no defense of a crime revealed. If I know of an ongoing crime I have a responsibility to my community to reveal the crime or I can be held responsible for the damages to victims of the crime. This is common moral law which can be upheld by an ample supply of case law.
Of course, those who make the rules often set themselves above the rules just as "he who has the gold makes the rules". There is little that the little guy can do about that and I am a little guy. This means I may be at risk of having my IBOM account shut down because I will not delete my last blog even though Support told me to, they believing it to be the writings of an anonymous hacker, most likely thought to be Mace.
I don't anticipate any good to come of this. My IBOM account might be deleted instead of this blog. However, since even the King will not respond to my offers to use his BVK for legitimate business just as no other banker or business person will respond to my offers, there seems to be nothing lost if my account is shut down. If my account is terminated the only thing lost will be my initial small cash deposit and the wish and hope lost forever that the Bougainville Kina actually has any value.
I'll keep you posted.
Cameron Cv
Hungary (1946) 100 Quintillion Pengo
So this is the result of the population losing good faith in the government issued fiat currency backed by nothing other than the future taxation of the people by the government.
According to IBOM, the BVK is backed by gold. Is this true? Who will verify it?
In all my writings I have asked for someone to come forward to prove with evidence that the BVK is a currency that any "regular Joe" like me can use to do business. Buy and sell. Who will sell to me, assuming IBOM will release some of my BVK from the Administrative Hold that shackles my account, my "money", my BVK?
Who will accept my BVK in exchange for any other currency that is accepted on the open market: pesos, yen, dollars, dinar, Pengo, franc, boliviano, yuan or any other internationally accepted currency. I'll give you a generous exchange rate, more generous than the official rate. Who will accept my offer?
So far no one has accepted my offer for BVK, either to do profitable business with a Bougainvillian farmer or potter, weaver, small item carpenter, leather worker or what-have-you, or to fund a project on Bouganville that will benefit the island people. Can I use BVK to pay for a trip to the island to inspect how the reconstruction project is moving forward? Can we build a hydro-electric plant of any size or solar-electric, for the benefit of the people? Where there is inexpensive power there soon follows progress in large measure.
Who will contact me with a proposal of a project that needs funding. I have many hundreds of millions of, I think, green BVK (I don't know, they may be red) that I suppose IBOM or the Central Bank of Bougainville (CBOB) would consider useful for paying a worker to build a hydro or solar electric plant. What tools and equipment vendor accepts BVK in exchange for product? Surely there is someone after all these years.
After all, the multiple websites are impressive, the legal documents are inspiring and the ever-increasing number of rules, regulations, laws and by-laws show this financial institution is proving that IBOM, CBOB, the Constitutional & International Banking Law, endorsed by King David Peii II, as can be found on the Royal Monetary Counsel website www.RoyalMC.org. are not some little scam that will just be revealed and go away. This Bougainville IBOM project has been going on for longer than a decade. King David Peii II and his team seem to this writer to be going about their activities in all the right ways. They are being ignored by the powers that be - the UN, PNG, Australia, Rio Tinto - even the Autonomous Government of Bougainville which is recognized by the outside big money interests.
PNG has broadcast that the Bougainville Kina is illegal, not legal tender, in PNG. The BVK may still be legal in Bougainville, and why not? The US dollar was once accepted only in "the colonies" that were recovering from a revolutionary war. It was a long struggle proving the USD was a viable international currency. Success was had only when the dollar was proven to be based upon gold and silver (predominantly upon silver - the silver dollar). So, when the BVK is proven to be backed by gold, real gold that a seller receiving BVK can trust he could actually trade his BVK for, only then will BVK be trusted by the populace and international governments.
I hope my many BVK will soon be proven to have real value in the international financial world. Until then all I can do is write my blog, ask my questions and hope someone finally comes forward with proof and a real opportunity to do some profitable business transactions. I have only been waiting about 4-5 years. Others I know have waited 12-15 years and are still excited and hopeful.
I'll be more hopeful when a few hundred million ounces of the alluvial gold are processed into circulating coins or ingots to back up the paper currency.
In the meanwhile, I'd say, before investing in the banks of Bougainville, be sure you can afford to wait years for the return of your investment.
I'll keep you posted.