No it doesn't but if people are using gear they don't want to use, they aren't going to have as good of a time as they could while using gear they enjoy. Believe me, if I could get the same gear at half the price I would...But that's not happening.
For starting any hobby, get the best gear you can afford whether that be a $6 dollar rod or a $150 reel. The fish certainly don't care much as long as you do your job.
I do have to say though, when using "cheap" gear you usually do come out with a better technique than if starting with "expensive" stuff. You have to learn how to use your tools first instead of letting the tools do the work for you, you won't learn much that way. Once you learn what is possible, then get gear that makes it easier for you too operate whatever hobby you're involved in (which is usually pricey). If it's even necessary. Kind of a "don't fix what isn't broken" thing.