No, it's not.
Bitcoin being anonymous (no, not untraceable, I stick to the same definitions I have always sticked to) is actually just a property of it.
It appears there are more and more people that say "it's a shame that Bitcoin is X and Y". These people do not appear to realize that strength is in variety. That Bitcoin is not like other currencies (in that it, for example, has methods to track back fraud), does that mean it's bad? No. It means it's different. It's up to you whether you want to use Bitcoin or not. It has its own properties, its own pros and cons. It means you have a choice.
It is completely pointless to aim at everything being the same, and Bitcoin being anonymous is not a 'fault' that has to be solved - it's a main property of the concept. Stop trying to say "Bitcoin is bad because it doesn't provide any anti-fraud measures". It's not. It's different.
It's a bit hard to put my idea into words, but I hope you get what I mean. Bitcoin is what it is. There is no need for it to have the exact same pros as everything else, if it offers different pros that other currencies or methods do not offer. It's freedom. It's a choice. Stop complaining about it.