I assure you 100%, it is required for everything to work, it's not just here for the show.
One of the thing that the virtual environment does is modify the PATH to lookup executables from the virtual environment first.
This is to ensure that when a script calls binaries like mypy/python, it's going to find the same binary from the environment it's currently running in.
Typically if the environment is not activated, python is going to lookup to /usr/bin/python and might be something else.
This is most noticeable when there are different versions of python on the systems and when having scripts that invoke themselves.