Can my PS5 still access the Playstation store with old Firmware

I got a PS5 several months ago direct from Sony. Truth is I've only used it a couple times, and I don't play games with friends and don't like to update my operating systems unless there is a real compelling reason for me to do so. I just decided to check out its media player and found that I can't because I'm not on the latest firmware. I'm certain that on my PS4, I could still access the store, media features, etc. even on an older firmware I just couldn't play games online.

Does PS5 really not let you do ANYTHING other than play local games, without being on the latest firmware?

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How do I update firmware on PS5?

Plug the USB drive containing the file into your PS5 console. Start the PS5 console in Safe Mode: press and hold the power button, releasing after the second beep. Select Safe Mode option 3: Update System Software. Select Update from USB Storage Device > OK.

Can you play previously purchased games on PS5?

PS5 console: download games and add-ons Select Game Library from your Games home. Select the purchased game > Download. The game will install automatically.

Can I use my old PS4 account on PS5?

If you already have an account on your PS4 console, you can use the same account for your PS5 console. Your PlayStation Plus subscription, trophies, friends, and other information will sync to your PS5 console. Go to Account Management and select Create New Account.

PS4/PS5 Jailbreak Progress Update. PS4 FTP on 9.03.

Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Andrea Piacquadio, Engin Akyurt, Pixabay, Philip Warp