Can Streamed Music Sound Better than any other source?


I am about to make the leap. Jumping into a Server or is it a Streamer? To use existing DAC-Oppo 203- or upgrade? I love the concept of access to all the music on line. So I don't actually own any of it-thats fine. Buying downloads adds up quickly. $20/month sounds like a bargain.  Roon's system looks appealing. I can add Tidal and be done, right? I get a lot of great counsel from my old school expert at the HiFi store I support locally but he can't even spell stream.
I was born in the 50's and want to use this listening option now. As this technology is still evolving, I am not inclined to overspend on gear that may be as valuable as a VCR in a year or two.
In the end I want to know if I can have this new source sounding better than CDs and LPs. I am not going back to reel-to-reel so if that is best source, please ignore it as it regards my purposes.
Thank you. I look forward to learning from the responses!!
128x128firstnot
@jim204,

The BBC should broadcast at the highest quality  as they receive approx 3.7 billion pounds sterling a year from the good burgers in the UK, EVERY year. A friend of mine worked in accounting a few years back at the beeb, and he told they spent a million pounds a month on limousines etc to chauffeur all the lovies around. It is staggering how many streaming channels BBC has, literally 100's (maybe a slight exaggeration but for sure many).  There is a multitude of good quality streaming channels available for free that should satisfy even the ardent audiophile. I, for one am a streaming radio convert. 
How can anyone not like the quality of 'Davide of MIMIC' for classical music, or Linn Jazz?

@gawdblessYes I heartily agree about the streaming abilities of the BBC but they are using the most quality that they are allowed by the EU ( maybe we'll get our airwaves back after Brexit ) . They already put out two streams for people to sample 128 and 320 kbps .flv files and really they are rather good as I have often been thrilled by the quality of some of their Mahler and Richard Strauss broadcasts. Do remember that quality also comes from mike placement and the BBC go for the simplest for the task in hand and I have attended concerts that were recorded for later broadcast and all they used for the recording was a crossed pair and a spot for the soloist. later they would broadcast it and it was a very believable acoustic and superb sound.
I laughed at your bit about the luvies and to a point I have to agree but there is one thing that burns up the license fee more which is the exorbitant fees that they pay these vacuous and extremely loud airheads in these awfull soaps that Brittain gets flooded with every night. I think the watchword for these idiots is who can shout the loudest. One of the latest and greatest who can hardly string a sentance together and co hosts a Saturday night dancing contest fo about 15 episodes gets £440.000 for that alone. No the license fee is dribbled away by the programs where the worse that you are at acting the better you are paid.

Robberman- Thanks for providing the info I was asking for. Perhaps a 
poll would have been a better Idea: Rank the best sounding source in order: Phono, Digital Disk, Streamed. Anyone with ears can score
their preference.

OP
  polls are fun, but meaningless.  We all have different preferences.  I wouldn’t waste my resources buying what other people like unless it sounds right to your ears
123,

Generally nobody wants others to decide what sound they will like best.
However if you consider my poll thought you might find that this poll is a relative question that would possibly be interesting to many people unfamiliar with different sources.