The economic activity of waiting in line.

[Webetcoins]

I would guess my time isn't that important. I mean waiting in line, depending on the end result and how long I wait, is not a problem.

Obviously if I am waiting in line for something unimportant for hours just because government makes me, then yeah I will hate that, but my government fixed that with digital lines, we all get numbers, and then on our phones we see which number is next, so if we have long time, we just do whatever we want, and when there are like less than 5 people, we go wait and that way we handle our business without waiting in line.

I think everyone around the world should switch to that, it allows people not to wait in line, you just watch over on your phone and that allows you to do get in line on the last 10 minutes.

[Jubilee58]

In carrying out our various economic activities, in most cases, we're faced with the prospect of having to wait in line. At banks, at Malls, at gas stations, including waiting in line to access health care.
Think about what we lose out on when we spend time on these lines; in pure economic terms we'll say alternative forgones, or lost opportunity. The time forgone could surely be utilized somewhere, or in something else.
Technology and digitalization has reduced such burdens. Online banking, Bitcoin, payment for services with barcode etc.
As time goes with more technology advancement, most of these problems could be better solved.

The concern of this writer is, could we see an overcrowding in the digital space, and start to wait in line, as a result of network issues or variables like that.

Something to factor in when thinking of the next economic breakthrough!

Online activities is entirely different from physical activities and the only thing that can reduce overcrowding in some of this activities that we perform physically in banks , malls or even in the hospital is proliferation of this infrastructures, this is when these infrastructures are built in many places within a given environment.
For instance, in the banking industry the technology of using bank app and POS have reduced the number of people that goes to bank drastically, before now any little transaction you want to make either transfer or withdrawal you must go to bank,  but today you can make some of the transaction with your bank app or ussd code using your phone.

[Fivestar4everMVP]

In carrying out our various economic activities, in most cases, we're faced with the prospect of having to wait in line. At banks, at Malls, at gas stations, including waiting in line to access health care.
Think about what we lose out on when we spend time on these lines; in pure economic terms we'll say alternative forgones, or lost opportunity. The time forgone could surely be utilized somewhere, or in something else.
Technology and digitalization has reduced such burdens. Online banking, Bitcoin, payment for services with barcode etc.
As time goes with more technology advancement, most of these problems could be better solved.

The concern of this writer is, could we see an overcrowding in the digital space, and start to wait in line, as a result of network issues or variables like that.

Something to factor in when thinking of the next economic breakthrough!

I do not think there can ever be a time where the digital space has to be overcrowded, and we have to wait inline to carry out a certain type of task like sending money to a loved one and so through internet banking, because as day breaks, so is the technology getting better and better, and coupled with the fact that we all have different options and alternatives when it comes to choosing a network to access the internet with makes things even much more interesting.

Few days ago, there was a heavy down pour in my area and that caused some network hiccups in  some areas, I went to a nearby pharmacy to get some drugs because I was feeling my head aching, after getting the drugs, I tried to make payment through online banking and realized I can't because there was a very bad network issue in that area, then I realized that the 6 or more persons who were there when I walked in were there because they were also having the same network issues and can't make payment for what they had bought.
Since my mobile device was a one Sim device, I had an extra Sim of a different network at the back, I have some internet data on this Sim as well, I immediately turned off my phone, took out the Sim and replaced it with the other Sim from another network, turned on my phone and successfully made payment for my purchase and left while other persons who were there before I came remained there due to lack of alternative.

[M47AK16]

Many transactions can't be processed simultaneously, so waiting times also occur in blockchains. At least this waiting isn't a physical one your transaction is processed when it's due. The digital world has many advantages, and these advantages truly make life easier. It saves us time, freeing it up for us to focus on research and other tasks.

Indeed, especially before but thankfully, our hardworking devs doesn't rest only to provide us a great service. As for now, many transactions can now be processed at a single time. There are also newer cryptos that can do this better. Not to mention we now have lesser fees. In the physical one, even if we are already on due, we can still experience a delay but there are also times that our transaction will be processed in advance if things are working smoothly.

Cryptocurrency and other digital payment services still operate in waiting in line for payment confirmation, yes, miners still acts on this too but the case is automatic, the time it would take for physical customers attendance to digital fast payment processor is quite different, but there is still an issue of in line waiting.

For crypto, yeah but for the others, I believe they are instant. This is their advantage. Being digital doesn't mean it can always provide speedy solution. I'm referring to their customer service. We don't know if our issue is truly forwarded to the management, not like to the physical one because we can see the personnel's actions.

[Pi-network314159]

In carrying out our various economic activities, in most cases, we're faced with the prospect of having to wait in line. At banks, at Malls, at gas stations, including waiting in line to access health care.
Think about what we lose out on when we spend time on these lines; in pure economic terms we'll say alternative forgones, or lost opportunity. The time forgone could surely be utilized somewhere, or in something else.
Technology and digitalization has reduced such burdens. Online banking, Bitcoin, payment for services with barcode etc.
As time goes with more technology advancement, most of these problems could be better solved.

Yes that's actually true, civilization has made things more easier an quick to achieve than before, but I still think that not everything has changed, like the health care, to get medical attention in public hospitals, you still need to be on the que where each an everyone will be waiting patiently to be attempted to. And this will still serve as alternative for gone where you still lose time you would have used to do other things for waiting. But However nothing goes for nothing, if a person lose time for another thing to be achieved then there is nothing wrong. It can only be a problem when such person lose both side.

[Hyphen(-)]

The concern of this writer is, could we see an overcrowding in the digital space, and start to wait in line, as a result of network issues or variables like that.

Something to factor in when thinking of the next economic breakthrough!

The digital space especially Bitcoin has already ease our stress of such lines in either banks or anywhere just to get your money or to purchase something with your money when you can do all these things online.
Technology has brought us to a level where you can do everything at the comfort of your home no need to queue up in the banks to get your money, you can do your transactions online using different methods include paying with Bitcoin and other cryptocurrencies, now only people who are yet to be advanced in technology development are left behind to suffer the stress they are used to.

Even investments, you don’t need to go to the bank for account opening or claims issued related to your account just to save money, you can buy Bitcoin, hold thee coin in your personal wallet you will create and manage by yourself, then spend your money wherever you want and also get some profit if you hold for long period of time and it is also against inflation while, leaving your money in fiat will lose value.

[Hewlet]

At banks it is hard to grasp, do those banks don't own a digital infrastructure?
Malls are in many cases due to having a home where the owner/renter does not feel at home.

Even with the availability of infrastructures, you still have to factor in the need to get in touch with customers service that mostly require you to come physically and when dealing with instances where the population is much, you can't but face wastage of time when you're using a service that's jointly owned by a large population of individuals.

Except it's extremely necessary, it's rare before I visit the bank. With mobile banking option now popular and point of sale machine readily available any time you need physical cash, banks will soon go obsolete and spending your time on the banking que has become unnecessary.