That's not true. CDs store discrete data and vinyls continous data. However, it is true that CDs can store formats of higher quality than mp3s that cause no sound degradation.
I think the point I was trying to make was that tape is something different than digital. You can download high fidelity files as well and if you buy a CD you'll probably end up importing the files anyway.
With that said, cassettes are definitely not a hifi option and I'm quite sure it's genre dependent as well.
For small indie artists, cassette tapes make perfect sense. Releasing digitally is of course the easiest way these days but artists usually want a physical artifact as well. It's easier to sell a tape than a download and it's nice to be able to touch your achievement. Vinyl pressing is insanely expensive in comparison and usually requires much larger batches to be produced
I think the point I was trying to make was that tape is something different than digital. You can download high fidelity files as well and if you buy a CD you'll probably end up importing the files anyway.
With that said, cassettes are definitely not a hifi option and I'm quite sure it's genre dependent as well.