Time is in essence a grand illusion that has taken a hold of our consciousness and conditioned our reality to believe in it, thus we then become enslaved by the illusion and suffer the karmas associated with it. Bound to the ticking of the clock, we slowly but surely create our own death.
The entire infrastructure of the 3rd dimension is built around time (scheduling, dates, sequencing and chronological order) and thus reinforces the illusion.
Understanding Time can also open up dimensional pathways to other worlds/times/realities that serve as a bypass for the inevitable collapse scenarios.
