you can still stream stuff - just use something else and just leverage it as a cheap display.
Unless it won't work if not connected to the internet (wouldn't put it past them).
I bought my Xbox mainly because it was the best/cheapest option for a 4K bluray player. I think I've loaded a game on it a handful of times at best, but watched lots of movies and other content with it. Thanks gamers for subsidizing a great BR player!