Whether or not other people build from source code has zero relevance to a discussion about the trustworthiness of security promises coming from former PRISM data providers about the closed-source software they distribute. Source availability isn't theater, even when most people never read it, let alone build from it. The existence of surreptitious backdoors and dynamic analysis isn't a knock against source availability.
Signal and WhatsApp do not belong in the same sentence together. One's open source software developed and distributed by a nonprofit foundation with a lengthy history of preserving and advancing accessible, trustworthy, verifiable encrypted calling and messaging going back to TextSecure and RedPhone, the other's a piece of proprietary software developed and distributed by a for-profit corporation whose entire business model is bulk harvesting of user data, with a lengthy history of misleading and manipulating their own users and distributing user data (including message contents) to shady data brokers and intelligence agencies.
To imply these two offer even a semblance of equivalent privacy expectations is misguided, to put it generously.
These are words, but I don't understand how they respond to the preceding comment, which observes that binary legibility is an operational requirement for real security given that almost nobody uses reproducible builds. In reality, people meaningfully depend on work done at the binary level to ensure lack of backdoors, not on work done at the source level.
The preceding comment is saying that source security is insufficient, not that transparency is irrelevant.