Yes. What's wrong is that he is commitment phobic. As he practically said himself:
"I dated a very intelligent woman, an attorney, who was OK with celibacy," Washington said. "But after six months, she wanted me to make a commitment. She felt if she knew we were going to marry then she could abstain. I couldn't make that promise."
And having sex outside of marriage constitutes a "commitment"?
Assuming you're right for argument's sake only, better to be commitment-phobic and celibate than to be commitment-phobic, sleeping around, and possibly fathering unwed kids, getting STDs, etc.