BrigitteParadis Jan 11, 2011:

Both comments are quite appropriate: the Euro being now the devise of most of the European countries, don't you think that the language emanating from this situation should, actually, show that evolution? Quebec, a small French speaking "country" in a North American English speaking continent, has to constantly adjust his terminologies to fit this reality. Personally that is where my original proposition comes from (including the typo :-)…)

cc in nyc Jan 11, 2011:

Fiduciary versus Scriptural Currency There are two kinds of money:

• Fiduciary currency, banknotes and coins, the value of which is based on confidence in the banking system
• Scriptural currency, credit cards, checks, bank payment orders, transfers of funds which only require a signature and is payable in the short term.

The value of scriptural money is not questioned.
Source: http://dharmaaddict.wordpress.com/2009/11/18/fiduciary-versu...

Perhaps the term is relevant here because the Euro was first used as scriptural currency, and only later as fiduciary currency.

wfarkas (X) Jan 11, 2011:

Money and the Scriptures “Scriptural currency” sounds kind of “biblically stilted” to me and certainly out of context, unless this is an essay on the development of monetary systems.
I have yet to meet a banker, trader or an accountant who talks about transactions in “scriptural currency”.