Back when I first got into HiFi in early 2000s, I ripped my CD collection into mp3. I couldn't reallt tell the difference between 320kbps and CD quality, could at 220kbps and below. Although, I hadn't really understood a lot of things about audio science and how that relates to how we hear. Lots of people misunderstanding things, and admittedly I'm one as well, at times. The history of it is interesting as well as the science of it.
I did find an article on ASR which talked about the difference in filters, and why sharp roll of is generally the best, but also why most people can't actually hear the difference between them, particularly as they get older.
I deliberately didn't go for spotify, as they didn't have lossless, that may change now, as they have a better selction than Tidal.
Even though I know I can't really tell the difference, there's nothing wrong in wanting to maintain the bit depth and sample rate that was first chosen when CDs were made, and keeping that as much as possible from source to DAC.
I also got my Crinear Daybreak IEMs today. Worked late, and only got a quick listen, but boy, are they good.