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But isn't espressif's main "value proposition" the included wireless stack?

I'm not super in tune with the RISC-V scene, but if a person is working with RISC-V right now, are they also concerned with wireless?

I realize that the answer is in a way "yes." But, if you can only choose one, wouldn't someone working with RISC-V be looking at security over Wi-Fi?

ESP32-C3 is a RiscV chip with WiFi

For ESP8266 and the original ESP32 yes, but there are use cases for wired IoT and they also get to sell 2 chips instead of 1...