"If you want to present at a big conference, then you must have experience doing smaller conferences or presentations."
You can gain experience by presenting in local meetups, making videos and posting them online, doing short tech talks at your job, etc. Doing those first will net you a lot of valuable skills and experiences.
If you are looking to get into public speaking there are no shortage of meetups desperate to get speakers booked in, on any topic you like, in almost every city in the world (try meetup.com). Once you've done one or two you'll hopefully have some video of you usefully presenting complex ideas to an audience. From there getting into a conference gets drastically easier. Spend a little time and start with that. Having some initial visibility before jumping straight to huge international conference scale is typically a requirement, and a pretty reasonable one.
I don't want to put people off public speaking; it's super rewarding professionally and personally, and we as an industry do desperately need to hear a wide variety of ideas from as many people as possible.
It's not immediately easy though, just because you're a great developer/designer/PM/other. It's famously scary, and a quite substantial skill in itself, and if you jump from zero experience to trying to present hard concepts to an audience of hundreds of people who are paying hundreds of dollars, you'll struggle, and it won't do you or your audience or your confidence any good.
Spend a little time warming up. If you're already great, waiting a month and talking at a local meetup first will just be extra practice. If you're not, you'll want to find that out in a small friendly room of nice people, not on a huge stage in a vast auditorium live streamed around the world.
There are all sorts of ways an aspiring presenter can get experience or demonstrate ability that don't involve catching a break from a sympathetic organizer whose job is looking out for the attendees that spent thousands of dollars to be there.
Another good way to start is user groups: Many will let anyone speak as long as they claim to have a relevant topic. After a video or two of those, you move up until you are eventually invited into conferences that invite speakers, as opposed to ask for submissions. Even for a talented speaker, the road from one end to the other will take about 3 years, speaking at least 5 times a year.
I for one don't think is worth it at all, but I have friends that have 10+ speaking trips a year.
Really I was also about ready to smash them over the head with that requirement, but reading that part does make it seem pretty reasonable.
Much like you don't hire someone with no experience writing software to come in a write you a brand new point-of-sale system for your chain of a thousand stores just because they're enthusiastic.
However, I don't think this is wrong, especially for such a large conference. If this were a smaller conference then I think it would actually be overzealous, but that is not what I think in this case, which is why I said it was only my initial reaction.
I would also like to add that the example summary given shows more than just enthusiasm, it shows knowledge of topic as well as the ability to convey that information in a concise and reasonable way. So, a more apt comparison would be not hiring said person to build your brand new POS system just because their academics were good and make a nice resume (just without job experience).