What is better: FLAC or DSD?

Again a popular question amongst my viewers: what is better, high-res PCM or DSD. Well, that depends…
Relevant videos:
DSD Explained part 1: • DSD Explained part 1
DSD Explained part 2: • DSD explained part 2
The truth about Nyquist and why 192 kHz does make sense: • The truth about Nyquis...
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About Questions: • About questions
What DAC is the best: • What DAC is the best?