Does the 'Buck' Start with the DAC?

Does the buck start with the dac ? 
 I’ve never experienced a bigger “all at once jump” in musically performance as I have with a Innuos Zenith 3 and it’s all in one box Phoenix USB regenerator , power supplies and master clock .

Having borrowed a few dacs some beyond my budget like MSB , Chord Dave and Total dacs the all at once leap in musically performance wasn’t near the equal to that of the server and Phoenix component.
Though it’s all important..

Imagine if there were incremental differences in playback performance with any server or streamer and you could buy a really good one for 50 bucks . I’m not sure that I would place the dac in the hierarchy of all things .

Further more I believe it all really starts with a great recording , after all that’s why high end play back exists isn’t it ? 

There’s a ton of hyped and praised mediocre stuff on the market at every price point and despite what many of the audio reviewers been telling us for decades you will not always get what you pay for.
 I’m in the camp it all matters , you just have to listen for yourself .

Wow , David you have a budget of 20 to 30 grand for a digital front end ? What fun that would be though some here suggested a Shiite dac and Bryson CD player can’t be beat and anything spent over that is getting on a fast train of disminishing returns .

Though I much prefer a server IE ripped CDs over streaming myself here’s one fairly easy example to highlight the critical importance of both source and dac .

This past summer we had a Bluesound vault and a Innous MK 3 with out board dacs for comparison and I can tell you the differences in musically performance was striking. 
Anyway have fun .