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The term “Hi-Fi” stands for “High Fidelity,” while “LOFI” stands for “Lower Fidelity.” In general, Hi-Fi is considered better because it provides a more accurate and detailed sound reproduction that is closer to the original source. It has a higher sound quality due to a greater number of bits used to record and store audio information. On the other hand, LOFI, with its lower sound quality, can be intentionally used for a certain aesthetic or effect, but it is not typically considered superior in terms of sound fidelity.