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No one is going to take someone who has 100 HP seriously. That is just the fact of the chain. They don't have a meaningful amount of stake to be taken seriously.
A blockchain needs a crowd to have any real value. Without creators and users, the coins are just numbers on a screen.
So Bitcoin does not have any real value got it.
Every person who brings excitement or builds a connection is adding value that a bank account cannot buy.
And not every person bring those. People do not generate the same worth, communities do not generate the same worth. Some people and some communities can be net negative. Some developers can be a net negative. So I do not agree with his PoV.
RE: Does Stake Matter?