I'm on the side of better equipment has some value, but without knowledge and skill learnt, it will do you no good.
A certain person I know recently (not so recently actually, when I got my first non-SLR bridge camera) said to me that they had just bought an high-end Cannon SLR!! I'd never known them to take any interest in photography, barely taking pics with their phone. I didn't imagine then , nor has it happened, that I would see awesome pictures from them. To me, it appeared at the time as a complete waste of money for their needs...
What I have now in my Fujifilm S9600 is perfect for what I need to learn. It could have better qualities true, but it has been an invaluable tool so far in the learning experience.
A professional or prof-amature photographer would prefer to have the best equipment to suit their knowledge, while those of us who know next to nothing can do OK with what works. Each to their own necessity.