Hmm.
It was my compromised hearing that led me to my interest in Hi-Fi. Being about 50% deaf in my right ear along with no ability to hear higher frequencies, I thought high quality sound would be of benefit, rather than a waste of time.
I admit that having had impaired hearing nearly all my life, I'm used to it and don't consciously think of it generally. I also find that it has no effect on my enjoyment or my ability to appreciate the stereo effect from recordings.
I'd say keep what equipment you have or improve on it rather than downgrade. As for mono, it belongs where it is, in the past, apart from being a specialist interest for a very few (in my opinion ).
It is impossible for anything digital to sound analogue, because it isn't analogue!