Music is something you can easily live without if the internet or cloud vanishes on you but my music will still stream from my FLAACs at home that I made from CDs and DVDs years ago. I also have it converted to .mp3 at bit rates that make sense for a phone and ear plugs used by a middle ages bloke with tinnitus! The whole lot fits on a modern phone easily.
I bought records and tapes at first, then CDROMs. I also accidentally bought the same CD/tapes twice or a well meaning prezzie duplicated one I already owned. Also you have "summary" or "collection" efforts etc eg Led Zep "Remasters". I have already paid the music industry a couple of times over.
Now that is my personal collection - some of it is unavailable elsewhere, sometimes without being illegal. I can augment my stuff with pay per play just as you do but the Deep Purple CD rip with a digitally smoothed over scratch part way through "Smoke on the water" is personal because I know what caused that scratch.
You are a few years older than me but we both know the joy of buying a new single, stacking LPs for an extended hands off session, the horror of scratches and a cheap D60 tape turning into a weird concertina. Remember those blocks for removing dust from a record when it was playing and accidentally nudging the needle.
Spotify and co are all a bit ersatz by comparison. I think music is way more than simply the medium, so context is important too. Unlike, say the progression from steam to petrol, which is simply a convenience.