Again, I think you are over-gereralizing. I’m 63. Many in my age group left vinyl completely by the 90’s and went to primarily CD’s, and then to streaming.
Maybe, but I’m 45 this year and I sold all my CDs in the early 90’s and since that time I don’t have anything but vinyl/turntables in my system and keep searching and buying OG records all the time (if i’m not completely broke). A friend came with his high-end DAC and high resolution streaming to compare digital to analog in my system, the original LP was so much better that high resolution digital (he was upset a bit). Many of my younger friends are into vinyl, very few are into both vinyl and digital.
But we’re in Russia, St.Petersburg. Maybe it’s a cultural difference. Also different generation as I said earlier.
I don’t thing digital is natural progression from analog. Digital is ok only for new music recorded on digital master. But digital copy from good analog tape is bad. For old music lovers digital can’t replace the analog. There are oustanding quality records recorded in the 70’s (my favorite period).