Can you record and mix ENTIRELY without compression?

Can you record and mix ENTIRELY without compression?
You have to use microphones to record, you have to use loudspeakers, you have to use a recording device. But do you have to use a compressor? Can you record and mix ENTIRELY without one?
Source: www.record-producer.com

Plug-in delay - does it matter? Can you compensate?
Every plug-in you insert causes a little extra delay. And different plug-ins cause different amounts of delay. So you shouldn't wonder why your tracks don't sound rhythmically tight...
Source: www.record-producer.com