Bitcoin can be untraceable. All you have to do is mix dirty money with clean money and split them. No way to tell which pieces are dirty, which ones are clean.
Most likely you don't even need to do that. Nothing would stop you from selling stolen money on LocalBitcoins. All outsiders will see is money moving from wallet A to wallet B and no way to find out who the owner is.
So what?
Word games don't change what Bitcoin is.