I was once working with a guy that was hell bent on microservices.
When our banking application became incompatible with logging, due to his microservice design, he really argued, fought and sulked that logging wasn't important and we didn't need it.
I suppose tracing becomes more important in that new architecture, assuming of course that each service is logging the unique identifier for the trace (for instance the request ID or some system-initiated event ID), but of course that presupposes logging to begin with, so I am not sure what "incompatible with logging" means.
When our banking application became incompatible with logging, due to his microservice design, he really argued, fought and sulked that logging wasn't important and we didn't need it.