MP3s only became popular to begin with due to ease of piracy in the late 90s. Back then, everyone knew that 128 kbps wasn't as good as CD quality. It just didn't matter. MP3s were free. Things just kicked into overdrive with Napster and iPods and 56kbps modems.
Time marched on and now streaming is the big thing. It's too inconvenient to build a library of tracks. Just stream anything from anywhere. It's the future.
The problem with centralization is control. Decentralization will make a comeback and when it does, I want tracks mastered for lossless at 192 kHz at 24 bit depth. Let's get serious.