Hawking's no-boundary proposal suggests that the universe can be described using Wick's rotation and imaginary time, which some argue reflects a deeper physical reality rather than being a mere mathematical convenience. The discussion highlights the relationship between real and imaginary time, proposing that our observed time is a manifestation of imaginary time within a four-dimensional sphere. Critics question whether this proposal genuinely describes reality or serves only as a predictive model. The Mathematical Universe Hypothesis (MUH) is mentioned as a framework that could support the no-boundary proposal, suggesting that mathematics itself constitutes reality. Overall, the conversation explores the implications of these theories on our understanding of the universe and the nature of time.