Write4U
Yet we have the observed fact that the more matter and energy in local spacetime the slower time goes(dilation), to the point that time stops at both the Event Horizon of a Black Hole and at lightspeed. From that extreme point time flows faster with LESS matter and energy. When you get to very low(but not zero)energy levels time flows it's fastest. So what mechanism then turns time off when at it's fastest just because that last little erg disappears? And what mechanism causes time to go from non-existence to full speed when a single Quantum of energy arrives? Your paradigm does not fit the facts. Rather than non-existence in empty space, time runs at it's fastest rate in the absence of dilating mass or energy. So it exists independent of whether mass does, even though it is affected when it does.
Time is a dimension every bit as valid as one of any other distance. You can see the past(in fact that is all you can see, simultaneity is an illusion cause by the very short distance in time of the things close to you, they too are in the past), it is a distance in this Universe. We do not see the Universe as it is in the present(even the sun is 8 minutes in your past), we see it as it was in increasing distances into the past. Time is very real and is a characteristic of spacetime, which is what our Universe is. Matter and energy affect spacetime, but like a water balloon, there is a container(spacetime)and a contained(energy and matter), and while the water inside the balloon distorts the balloon, it is not the same thing as the balloon. Nor does it create the wall of the balloon by needing to be contained.
Here's an exercise to show how spacetime is one thing. Describe how you would return to Earth's surface from a trip to Mars and back. You know the Earth's orbit, but if you guess wrong you could end up 186 million miles away from your target on the other side of that orbit. So how would you designate the position you need to reach? You must specify where the Earth will be at the position in it's orbit. In other words, it takes not only coordinates in the three dimensions of space, but also one of time. That's Earth's position in 4D spacetime. Time is measured by motion or change, but it is not created by motion or change, they only slow it down.
Are you laboring under the delusion that "meaning" is a concern of the Universe? Just because we cannot measure something does not mean it ceases to exist. Time is, whether you can extract meaning from it or not. Motion let's us extract meaning from time, just like a well let's you extract water from the depths. Do you think the water is not still there when you are not near a well? That's the logic you are trying to apply to time. Time is not a characteristic of matter, it is a characteristic of the Universe itself.
Grumpy
It's interesting how such natural phenomena, time and matter, are modeled using physics. Based on what I can gather from personal experience [good scientific tool], + physics models, time 'is' natural phenomena. It's pretty simple for me: the rate at which time and all other natural phenomena change. The 'rate being natural phenomena' just like everything else in the universe. No matter what you call it you can't eliminate it from this universe. It even makes the physics easier to model. Go figure. When you eliminate the curvature component [the term for matter] from the metric you get the Minkowski metric. We can model an expanding universe which is 'dust free' but you can't model an expanding universe without some reference to 'rate' of change.
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