I think Bitcoin is a bit like the early watch industry

Being slightly passionate about watches and bitcoin, I keep thinking about bitcoin in the same way I think about watches. Why did people need watches when they already knew whether it was morning, afternoon or evening?

The watch industry grew gradually because society became more dependent on precise time. Work, transport, productivity, efficiency and eventually competitive advantage made precision more valuable.
So why bitcoin now when we already have bank accounts, credit cards, loans and a financial system that mostly works?

I think that is a much more interesting way to approach bitcoin. Not “will the price go up?”, but what does bitcoin actually allow you to do or own that the existing system does not? And if you cannot answer that yet, maybe there is nothing wrong with simply not owning it yet.