@bjorn conclusive proof that markets are not rational.
They are probably the same people that buy brussel sprouts for 'food'.
Distilling process typically takes ~10 years for good single malt.
Quality is promoted over quantity.
The longer you leave whisky in barrels, the better it gets.
Whisky is the ultimate low time preference beverage.
🎵 In Exile, Thrice
SBF is being spared the sword so he can be trotted out and push for more regulation and control.
Almost guarantee he's made an arrangement to this effect with regulators & bureaucrats behind the scenes.
Keeps the politicians out of trouble and allows them to become heroes by introducing more legislation and regulatory moats.
He is a puppet.
Incredible piece on the realities of a cobalt-dependent world & harsh truths that none of the 'clean energy' crowd want to acknowledge.