My display picture was taken with a camera that was only 1/10 of a mega pixel. You can't really see it, but when I converted it to a jpeg with about 10% compression, it gave the picture an angelic sort of haze and covered up a few annoying details. That was years ago and it is still my favorite picture of myself.
You can do more fun things with more advanced equipment, but what makes you an artist is what you are able to convey in your work. You can do that with most any camera. If you can find the beauty in the world around you and capture it with even the worst camera, you'll have a talent that few possess.
Your easyshare pictures might not make it into any magazines, but what you learn with it may get you there someday.