Both have their strengths and weaknesses. The main difference is that control voltage can be a pure analog signal and can only send one signal per connection/wire at the same time. So What that means is context to sequencing pitch, manipulation of filters, envelopes etc is there is no latency or stepping whatsoever using cv (“infinite” resolution of control voltage vs midi 1.0/2.0 max bitdepth). However this only applies if the control voltage source is analog. Benefit of midi is it can send or receive clock, patch or pattern changes, all cc’s, note, velocity, aftertouch and multiple note information (chords) etc. to multiple instruments at the same time via one connector
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