That's kinda how I see things. I figure, if I can write songs that speak for themselves, I don't really need a fancy set up and great recording quality. It's just really frustrating when I show people songs I recorded and have them say "LOL u need a better mic fr rlz." It's like: yeah, I know, but it's not like you can't hear what I've written. It just sounds grainy.
I would be more inclined to play in front of people if it didn't cause so much anxiety for me, especially since all of my songs a generally just me and my acoustic. I could probably play in a band, so that not all of the focus is on me, but I have a problem writing songs with other people. To me, the songwriting process is a personal journey and I like being able to have full control over what's written. I like feedback and criticism, but I can't handle artistic differences getting in the way of my vision for a piece. I've tried writing songs with friends before, and it has never gone well.
If all of my funds weren't dedicated to school, I would probably spend a lot more money on a recording set up...or buy a bunch of benzos so I could perform at open mics, lol. In any case, right now my music is only for me. If others want to hear it, that's great, I'll show them what I've got recorded, just don't tell me the sound quality is bad. :/