This card is either completely glitched or the grammar thematically suggests you stop the use of all trap cards when you actually only stop the use of your own? Not sure but the deck i'm running has been ruined because of this failure by konami to accurately narrate the monster effect.
This card only prevents traps from being chained to its summon, so you wouldn't be able to use something like Trap Hole (if the card existed in this game) when you summon it. If it was Jinzo it (and other similar cards) wouldn't be N rarity. The wording is definitely terrible though.
"Good! Now we can duel as warriors! Monster to monster! It is the basis of all card games! Only a fool trusts his life to a trap card!"