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Very true. According to wikipedia - bourbon has to be aged in oak casks at least 2 years and scotch has to be "matured" in oak casks at least 3 years and a day.
Scotch can be made with other whole grains, along with barley, and still be called scotch and bourbon has to be at least 51% made from corn. Whiskeys (or whisky if you are from Japan, Scotland, and Canada - I think) are all distilled from fermented grain mash.
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