Space: Suppose we had infinite memory, then cache all the data; but we don't so we have to decide what to cache that is meaningful to have the cache implemented (is a ??K cache size enough for your use case? Should you add more?) - It's the balance with the resources available.

Time: Suppose all your data was immutable, then cache all the data indefinitely. But this isn't always to case so you have to figure out what works for the given scenario (A person's mailing address doesn't change often, but their GPS position does).

So the hard and unsolvable problem becomes: how up-to-date do you really need to be?

After considering the value we place, and the tradeoffs we make, when it comes to knowing anything of significance, I think it becomes much easier to understand why cache invalidation is one of the hard problems in computer science