I'm not sure why you're getting downvoted.

Yes, that's exactly what I'm saying :). In fact, I've run servers where I didn't even physically know where it was located. It wouldn't have been hard to find out given some digging with traceroute, but it didn't matter. It was something I could SSH into and do everything I needed to without caring where it was.

Everyone else down-thread has clarified the why of it. Keep all of your globally distributed assets all running on a common clock (UTC) so that you can readily correlate things that have happened between them (and the rest of the world) without having to do a bunch of timezone math all the time.