In regards to the nature of time, it has become commonplace to hear physicists state that time does not exist and that the perception of time passing and of events occurring in time is an illusion. In this paper, I argue that physics is actually agnostic on the question of the nature of time. The standard arguments against its existence all suffer from implicit biases and hidden assumptions, rendering many of them circular in nature. An alternative viewpoint to that of Newtonian materialism is the process view of Whitehead. I will show that the process perspective supports the reality of becoming, of happening, and of change. At the fundamental level, time is an expression of the action of process generating the elements of reality. Metrical space–time is an emergent aspect of relations between process-generated entities. Such a view is compatible with existing physics. The situation of time in physics is reminiscent of that of the continuum hypothesis in mathematical logic. It may be an independent assumption, not provable within physics proper (though it may someday be amenable to experimental exploration).