I'm afraid it does matter because the protocol controls scarcity (defined by the amount of financial effort required to extract the next coin from the chain) and the secondary market (exchanged based trading) puts a value on that.

Let me remind you that we are now where I predicted we'd be, not where Ryan Taylor predicted we'd be based on the protocol adjustments he recommended to the masternode community 2 years ago.

 • "circulating supply" (a dodgy definition at best since MN collateral circulates but lets give him the benefit of the doubt) has gone up, not down. We've lost nearly 1000 nodes since now ATH

 • price has gone down not up $100 then $55 now. (So MNs capital loss on their capital has blown their rewards to Kingdom Come over that period)
 
 • chain usage (monetary velocity) has been static (around 20k transactions per day if we're luck)

 • marketcap has gone down, not up (nearly $1 Billion in Oct 2020, $0.6 billion now. Meanwhile Litecoin only lost around 10% mk)

 • ranking, and of particular interest, ranking against fully-mined POW coins has tanked (23 then, 75 now)

Re. that last point. Since the protocol change we have'nt gained on one single fully mined POW coin in the last 2 years.

A somewhat dismal performance against expectations - and exactly as I predicted. Mining is simply a trustless market and if you feed too much supply into that market at zero price you will corrode everything from store of value performance to usage.