Nonsense argument. It is much easier to forge or steal a paper copy of a document that it is to do so with an equally well protected digital copy.
Vast majority of digital theft is done via social engineering and not through some exploit in the underlying technology.
That’s just demonstrably false. Lots of historical precedent for people losing property, access, etc due to lost or incorrectly filed documents, clerical errors, corruption and a billion other ways. None of this really affects digital assets.