Isn't a wondeful time to be an audiophile?

It is a very enjoyable time to be an audiophile. There is really something for everyone and every budget. I started listening to music back in the late 60’s on a Panasonic AM radio with a single earphone listening to the AM top 40 hits as I was going to sleep. In the 70’s, I got, likely for a birthday present my first real audio setup from Tech Hifi. I had a Philips GA212 with those cool elevator light switches with a cheap AT cartridge. I had a Sansui 661 Receiver and a pair of EPI 120 speakers that sat on the shag carpet floor!  I worked a winter break steam cleaning cookie sheets to go back to Tech Hifi and buy a Technics cassette deck. We have seen vinyl and cassette replaced by CD and digital. CD is dying because digital cannabilized CDs making their product no different than the one you can stream. This made vinyl special again. I have a CD Transport now only to play the CDs I already have. But otherwise my music money goes either in streaming subscriptions or new/old vinyl. We now have systems that are audiophile quality and portable for streaming and the listening room equipment technology has advanced so much. I could go on and on, but, it is a great time to be an audiophile. Instead of the Sansui, I now have Bryston components. Instead of the EPIs, now I have Magnepans. No cassette deck. Now an NAD streamer ripper. No Philips. Now a VPI with Ortofon 2M Black and ADS. I am in love with my system and the music loving hobby is stronger than ever. 

It's a terrible time to be an audiophile, only the most dedicated and stoic of us will remain true to the cause.
Everything is recorded in digital, really good equipment is very expensive new and used, no good new music, a lot of self-absorbed snobs buying up whatever looks good to them, equipment reviews are more useless than ever.
Most audiophiles start feeling their age and few are coming to take it over, though there are some, so there is hope.

Yes there is concern for the future of this hobby, but why worry about something you don't have control over. Truth is its a great time to be an audiophile.
There is so much great sounding equipment, Even a lot entry level equipment sounds better than ever.
Lets not forget about the wide choice of music and music formats available, which is the heart of this hobby, isn't i?  Whether you prefer old vinyl, reissues, CD, streaming or reel to reel, its all out there. BTW, lets stop arguing about which format is better people, life's to short.

As so many have said, it’s a good time to be an audiophile. With so many 60+ longtime audiophiles retiring, many are downsizing. They realize that they can’t take it with them and are willing to part with some great equipment at prices much lower than MSRP.