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.