The discussion centers on whether the equation dx/dv equals time (t) when considering small changes in position (x) and velocity (v). Participants clarify that manipulating derivatives requires careful consideration, as operations like multiplying and dividing by variables can lead to invalid conclusions. The correct relationship derived is v = x/t, leading to the conclusion that dx/dv can indeed be interpreted as time. There is an emphasis on the importance of understanding derivatives rather than relying solely on others for explanations. The conversation highlights the complexities involved in calculus and the need for clarity in mathematical manipulations.