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Azzanation said:

most require an online connection and some physical media don't even store the full game on the disks. 

That's a bold statement, can you back that up? According to this site, most physical games do not require online or downloads to be fully played: https://www.doesitplay.org/

I agree that physical has lost some of the benefits it used to have, indeed some games do require downloads or internet, and you anyway need to install all the content on the console. When you could just play off the disk, you saved a lot of hard drive space. Still today, with physical games you get the ownership. Digital DRM is still a nightmare, and what happens if Steam ceases to exist or Sony shots down the PS4 servers?
I think GOG is the only one who actually offers a digital alternative that is superior to physical.

You also missed another benefit of a disc drive. It can play other physical media, such as movies. The digital market place for movies is an even bigger nightmare than for games, a 4K UHD Blu-ray does not require any internet or installation and offers better quality than the digital alternatives.