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I don't see the problem. You bought the product, you're allowed to download it in perpetuity, even if it's from a torrent site.
Hell, the law is on my side. Depending on where you live, there are laws which allow you to make copies of media you own for personal use.
You can use a VCR to record broadcast TV, I don't see why you wouldn't be able to make a copy of stuff that's available on streaming sites, etc. Especially if you bought it.
Fair use does allow you to back up your stuff. That's why you can rip CDs in the US. Nbd. They tried to make it stop, but it didn't. And I buy CDs specifically to rip the lossless audio off of them. You can also rip DVDs legally.
But Blu-Ray gets a little muddy. It's not the content that's the problem, but the DRM. You're allowed to back up the content, but it's technically illegal to defeat the DRM in order to access said content.
Hasn't stopped me. I don't make my MKVs available on the Internet. I acquire copies of my movies legitimately. What I do with the discs when I get home is honestly nobody's business.
While it's legal to make a copy for personal use only, it's illegal to circumvent any form of DRM for that.
You are allowed to own a copy of protected media, but you aren't allowed to make a copy.
So wait, basically, the only way you can get a fully legal copy for your personal use is if someone else breaks the DRM instead of you?