Bitcoin and it's Relationship With Time

[Zaka1221]

Bitcoin has given people a new way to measure financial certainty by changing their time. It is true that in traditional banks many times you often have to wait 2-3 business days, but in Bitcoin I think depending on our needs wait 1 confirmation but 5 for more security and transfer assets very quickly. However, it does not depend on the calendar but on the consensus of the network. Also, Bitcoin has created a new ecosystem in the world economy where transactions can be made from different parts of the world in a very short time without any hassle. It creates a block every 10 minutes on average and a block can come in 1 minute or it can take 30-60 minutes or even longer.

Bitcoin is a game changer for millions who were looking for freedom because before these things were never under the control of common people due to restrictions and many other hurdles that were making their lives problematic. Having Bitcoin brings security, flexibility, and control of their money without having any outdoor activity.
It's not all about just confirmation; it's also about many other things, especially now that people can go beyond borders, which was just a dream for many, or people who do not have enough funds to complete red carpet procedures. The introduction of bitcoin and crypto makes life easier and also allows people to complete their dreams because before this, banks and their systems were the biggest problem.
Now, just click and have enough millions. Millions of people are now living life, which was not possible because people were not able to provide or take services that are not changing their lives and also give them enough economic independence.

[LUCKMCFLY]

To express further, in 2021 bitcoin lowest was around $29,000 and it 2024 bitcoin lowest was around $40,000. We have only used the lowest between both years as an example.

When you realize that Bitcoin is one of the most solid investment options available, you quickly see the benefits. BTC operates on a completely different scale than traditional stock markets or the classic strategies used by legendary investors like Warren Buffett, whose plans were created long before BTC even existed.

In traditional finance, investors had to wait a decade or more to see returns. With Bitcoin, if you maintain a disciplined accumulation strategy and HODL (hold your position), the long-term results, say over about eight years, historically outperform almost any traditional market index.

Looking at the historical lows over the years, as you mentioned, from its inception to the 2021-2024 cycles, makes everything much clearer. It's never too late to start accumulating BTC, even starting today. A long-term perspective will likely yield far superior results than relying on the growth of the traditional stock market over the same period.

[davis196]

People talk about Bitcoin as digital money, gold or asset but almost no body talk about that "Bitcoin created its own Clock"
Normal finance like banks , stock market , loans, payment and salaries runs on " human time" likewise Monday to Friday traditional working from 9-5, payment take 2-3 business days and if it's holiday you have to wait.

If you ever receive a salary in BTC, I'm sure that you will have to receive it "Monday to Friday".
Some transactions are automatic, while others require human interaction. Debit/credit card transactions don't require human interaction and you don't have to wait for a business day(Monday to Friday) to make a card transaction. The thing you are describing isn't such a big deal and it doesn't represent a revolutionary advantage for BTC over fiat. When it comes to the stock market, I'm sure that the stock markets are going to move to a 24/7 model, mostly due to AI trading bots starting to dominate day trading. A human, who needs to sleep and rest cannot compete with an AI bot, which can operate 24/7. The only problem is AI bots not being accurate enough.

[Obiavelliii]

People talk about Bitcoin as digital money, gold or asset but almost no body talk about that "Bitcoin created its own Clock"
Normal finance like banks , stock market , loans, payment and salaries runs on " human time" likewise Monday to Friday traditional working from 9-5, payment take 2-3 business days and if it's holiday you have to wait.

While the Bitcoin network creates one new block every 10 minutes 24/7 and 365 days a year. No weekends, no holidays and no manager needed. It seems like the heartbeat of global financial system now a days.

This actually means that instead of saying that your payment will arrive in 3 days, the people related to Bitcoin says " wait for six confirmations". So time is now measured in blocks not days.

Seriously speaking I've not thought about this,  and I think a lot of people are the same boat with me, but this actually one of the best attributes of Bitcoin the fact that it's a system that those not take breaks no matter the date or time, this is an attribute that gives Bitcoin a big egbe over fiat.