Is Google Stadia a Threat to Nintendo?

Many of you have probably heard of Google's announcement of their new streaming gaming service called Stadia. The cost of Stadia is fairly low, only $130 for the start-up kit. The service includes some premium games including Destiny 2 and other incentives. My question is do you feel that Google Stadia poses a threat to Nintendo or any other console brands (PlayStation & Xbox)? The ability to stream 4K graphics without an expensive console is sure to appeal to causal and hardcore gamers alike.