Replying to Avatar rejon

Why are stock markets only open Mon - Fri?
Avatar
koby 2y ago

Why are banks closed on weekends and holidays?

Reply to this note

Please Login to reply.

Discussion

Avatar
rejon 2y ago

Yes also thinking about this

Avatar
rejon 2y ago

It is so hard to live global and transact cross-jurisdiction cross-timezone now.

Avatar
koby 2y ago

We can see how antiquated parts of the world are, with #Bitcoin we can see that money. It will be a wild next 30 years

Avatar
rejon 2y ago

yes the best is yet to come :)

Avatar
Gandape 2y ago

and why do they close at 5? So that people need to use up their holidays if they need to arrange something in person…

Avatar
rejon 2y ago

also prolly cultural holdover from Western Sabbath, Mass etc

Avatar
koby 2y ago

Very true. On the seventh day God rested. This echos through to today, where most businesses, schools, etc, will close “normal” operations to let people rest. We even call it the “Weekend” as en event to look forward to resting from work

Avatar
rejon 2y ago

thankful for time to rest