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The thing is, nearly everyone that gets their Steam Wallet drained gave away their account credentials to some third party. Either they were using some 3rd party trading/gambling site, or they got phished by a convincing fake Steam login page. If users would learn to be more careful with where they login with their Steam credentials, this wouldn't be the problem it is today.
They tried that when Steam Guard first came out. It didn't go well.
it's hard to accept change for the worst even when the reason isn't just 'can't have ♥♥♥♥ in detroit'
You're supposed to make a decision about the system that exists. It sounds like it doesn't meet your standards, so you shouldn't use it.
To answer your question though, yes. If you want to use their system, you have to meet their requirements. Arguing like it's an extreme burden, and wholly unreasonable, might validate your negative feelings but maybe it doesn't negate the years of experience and informed decisions Valve makes about how the system works.
End of the day, no one is forcing you to use the market. So you'll have to decide which matters more, your dislike of the requirements, or your desire to sell items for wallet funds. In the grand scheme of things, neither choice matters to anyone but you.
Users hate change. And Valve can't please everyone.
You can please some of the people all of the time, you can please all of the people some of the time, but you can't please all of the people all of the time.