I like having both. Something I can get my hands on and physically read brings me comfort. But those can get splattered with spaghetti stains and then I can’t read how many teaspoons of something to add!
My files are backed up twice, once to an external drive and also off-site. Don’t think I will have a problem :-)
Yes, I learned the value of an external drive when our computer died years ago and I lost everything. When we switched to Linux, I made sure we had three ways of saving all that digital stuff.
But I still have my paper for crucial things, and can hold it all in my hot little hands.