Yes, some people will pay for downloads, especially if they are significantly cheaper or if through Bandcamp is tape+download on the same price as tape. But more will pirate the downloads, waiting one of the buyers to share it in P2P, torrents, wherever. I am guilty of that as well, downloading. -Sorry guys, my needs are more than my available money- . One might say the same will happen with the rip of a physical copy. Sure, but there is a quality difference. Ripping can be seen as a fan work, i like a release, want more people to listen it, i take time to rip it for uploading or sharing. With digital downloads that looks like i threw the files in my drive.
No analog rip has stopped me to buy a release. No matter how good it may is / sound. I can't say the same with digital files -or CD rips- . Having digital master wav files of a tape, well, i ll prefer to buy something else from that artist or label. There are only few exceptions. I can't say i like this consumer behaviour of mine, but that's how i operate anyway, kinda like "survival" instinct. Don't buy what you already have in "better" or "same" quality. I understand that a release is not only about the sound and it's about the whole thing. True. I stand by this. But, sound is the most of it. You wouldn't buy something you knew it sucks just for it's cover, would you ? If so, then we don't talk about musical release but for a painting.
That said, FUCK Bandcamp and digital platforms. For things that can't be released, for live performances etc. is fine. Maybe for old sold out material that noone cares to reissue too. But if you have something released then why the need for digital downloads too ? Then why you submitted demo or accepted label's offer at first , and you didn't say i ll do it myself, i ll upload the files on Bandcamp ha ! One might say, not everyone has a deck, not everyone has a turntable, not everyone has a CD player etc. OK, then question the medium you are releasing on at the first place and decide which you want. I agree with that being said before that a label or an artist isn't and shouldn't be to please everyone needs.