Time does allow for things to change flavor. Holding things for a long time costs time(obviously), money, space, and rescources.
-This makes it more expensive
-people attribute expensive with “better” – *especially* with alcohol.
Most of what makes alcohols “better” is just thinking its better due to its difficulty to produce and its rarity. They put this stuff in fancy bottles to convince you even more. They jack up the price to even further convince you.
Yes, you can taste it when it’s “older” up to a certain point. No, this does not necessarily make it better. Yes, you will upset many people by saying that. There have been studies. Fight me.
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