Struggling to understand what the issue is here. No single source format covers all the options as far as I’m concerned, just find the one that suits you best and compromise on the rest.
I find that Tidal streaming covers most of my listening needs for the most part (and certainly beats the pants off the pretty decent CD transport/Dac I have). I also have a drive with ripped FLAC content which is also accessed alongside Tidal.
Having said that, Tidal doesn’t have all the content that Spotify has, nor does Spotify have some of the CD’s and LP’s that I have. To that end I still keep CD and Vinyl replay options to cover the legacy, but my streaming setup is still the main focus.
Storage of legacy CD’s is no big deal, just use 200+ type CD storage cases and keep the CD inserts and CDs, ditch the boxes.
I’m not going to hazard a guess at what the future holds for source formats, as frankly, I don’t think it warrants the angst or effort, will deal with it when I need too.
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A mainly digital setup with a musical amplifier and endearing 1970's speakers. A CD player that hardly ever gets used and a turntable that is good enough to remind my how enjoyable my old vinyl is. Some cables and things.