There is no doubt about the superiority of digital reproduction. That's sorted, but if we forget that for a second, just for kicks and we talk art for a second. Mastering engineers of the time, had to make up for the limitations of the medium. Yes, the form it would take was influenced by that and they where hoping to reach some people with superior gear to be able to get the experience as close as possible.
Fast Forward 2021. The mastering engineers still hope that a small percentage get to experience their full work. But at the same time has to make sure their work will somehow translate in 1 cm smartphones speakers, 5$ Bluetooth speakers, laptops, etc.
If we forget digital vs analog for a second, what of those two scenario is more likely to compromise your vision, your art.