First: Streaming isn't necessarily 'settling' as there are plenty of CD quality or even higher quality streaming options available.
That said, I wouldn't buy or use a CD player very often these days, and would instead rip any CDs you may own, or purchase in the future, to a computer, then stream them throughout your home. You can use Plex, or go with something like a Bluesound to playback your CDs (at full quality) quite easily. With Plex, you can take that collection with you anywhere in the world you would like.
I agree that have a good Blu-ray 4K player is nice as it is tough to get anywhere near that quality through streaming services. Video takes up a ton more bandwidth than audio does. A CD sits with about a maximum of 650MB of data on it. A 4K UHD Blu-ray Disc typically has a size of over 50GB, so over 77 times as much data for a movie vs. a album.
Streaming CD quality is relatively easy, and streaming shouldn't be considered as 'taking a hit' on audio quality.