Nailed it.
Audiophiles covet vinyl.
Nobody cares about CDs.
Mainstream music listeners (about 99.99% of the rest of us) stream.
Someday when my kids get older, I will crush their spirits when I regale them of the thousand of so 12" records that I owned at one point and that are now rotting away in landfills.
“a fad that will fade because most of the consumers of vinyl today are millennials and gen-z “
The format is irrelevant because their tastes in music and art are just as lousy as their tastes in food, clothing, hair styles, humor, etc.