Advice Request Using VLC video player in 2020, what's it for?

[Ink]

Title: What's VLC doing in 2020?

Source: What Audio/Video Software Do You Use?

"Every video I watch on Desktop, Mobile or TV (Chromecast) is streamed from the web. No need to download a video player that needs constant updates for security fixes."

What do you use VLC media player for?
Download videos from Youtube to watch offline?
Use the stream URL function instead of from the browser?

 

[Stopspying]

I've got lots of music files, I use VLC primarily to listen to them. I watch videos we've shot, DVDs we still have.......