Investing in whisky: liquid profits on the blockchain

The whisky industry is steeped in history, but investing in the water of life has been brought up to date with P2P platforms and the blockchain.

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If the price falls, you can drown your sorrows
(Image credit: Jules_Kitano)

Whisky has proved to be a very profitable investment over the last few years, says consultancy Rare Whisky 101. Its broadest measure of the market, the Apex 1000 index (compiled using the prices of 1,000 of the "most sought after" bottles of single malt), shows a total return of almost 380% over the past seven years. And now like just about every other asset class whisky investment is being "tokenised" and put on the blockchain.

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Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.