I am doubt will blu-ray fall into the same problem.
Producers add a lot limits for copy-protect (HDCP and others on UHD-BD). But will the popularity/convenience of streaming repeat how USB stick/MP3 replace MiniDisc?
I think convenience and price are the largest factors. Netflix costs less than a Blu-Ray for 'all you can eat' and you do not have to think about logistics (find/purchase a disk).
Blu-rays do have copy protection, but AFAIK MakeMKV rips most Blu-rays without any issues.
Producers add a lot limits for copy-protect (HDCP and others on UHD-BD). But will the popularity/convenience of streaming repeat how USB stick/MP3 replace MiniDisc?