This thread has gotten a bit off track.
I have been an early adopter of digital since it’s inception… sad, I know… thirty + years of disappointment. Digital has been improving, especially in the last fifteen to twenty years. Today with careful choice of equipment Streaming >= CD or stored files and can = vinyl. I am not saying a $10K digital end will sound better than a $100K analog end. I have talked about it elsewhere, but very generally at the same price level, plus or minus 20%. My system does. You can see my systems under my UserID
Like all other things in high end audio your results are going to depend on your component choices.
Qobuz uses lossless compression. Meaning your streamer unpacks the files and buffers them to be identical to a locally read file. Like every thing in high end audio, better components sound better. I am able to directly compare on my system between the two streaming / CD or other combinations and they sound identical.
The place to start is thinking about equal investments in each component. Streamer, DAC, preamp, amp, phono stage, and turntable, if you have analog. My streamer and amp a bit more expensive that my other components.