[LEAPSECS] financial markets

[Harlan Stenn]

"Poul-Henning Kamp" writes:
> --------
> In message <20150426160837.GA11909 at ucolick.org>, Steve Allen writes:
> 
> >Both messages show the conceptual failure that results from
> >Recommendation 460, that is a complete lack of concern for the
> >distinction between UTC and GMT.
> 
> You're so cute Steve...
> 
> What's going on here is that the biggest financial hub in the USA doesn't
> know the difference between UTC and GMT.
> 
> That just shows that timekeeping is already far to complex for normal
> people and that simplification and fewer timescales is the way to go.

I kinda agree and kinda disagree.

The people who make decisions on what timescales to use should not be
"normal people".  They should be people who understand the issues well
enough to make proper choices.

https://en.wikipedia.org/wiki/Indiana_Pi_Bill

H