How the New Calendar will Change the Way we Trade

Studies have shown that the alternating length of months has a significant impact on financial markets, especially with so many transactions happening at the end of the month. Calendar ignorance: thinking a 30 day month has 31 days, cost Americans over 4.5 billion dollars per year in late fees — 40% of which occur on the first day after February.

How do these economists intend to fix this? Obviously, it was to make all months 73 days, a number that perfectly factors into 365; the number of days in a year.

With this in mind, there is still the issue of leap years. Leap years occur because the earth takes slightly more than 365 days to circle the sun, every four years we add an extra day so our great, great, great, great, great grandchildren don’t end up with snowstorms in July.

This is going to drastically affect the crypto market in one major way, in addition to 73 day months, weeks will now be 5 days long, keeping the names but dropping the two most disliked days. The days to be removed were determined by an international survey done by Oxford University. The move to change the week inspired the original calendar restructure.

In the 2021 report on The Weekday Purge, one scientist remarked:

The new week will have another big influence on how we trade in the crypto market, as we know Mondays have highest value returns for Bitcoins. It’s been speculated that the new weekly structure will mean less volatility in the market, speeding up the process toward widespread crypto-adoption. By unhinging Monday’s grasp on higher returns, that value can be shared evenly to the rest of the days of the week.

Are you excited for the new year?

Tell us why or why not.

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