While there's some truth to this, it's more of an incidental problem with DNS than an intrinsic one. There's nothing preventing registrars from simplifying their UX to target average customers, including multi-year registrations and ample warning systems.
No, it's really a fundamental problem with DNS. Owning a DNS name is, by design, a temporary deal. Ultimately the domain name system is meant to help give a user-readable name to your IP, not to establish your identity for your entire life.
