Not really ... first of all, walks and strikeouts hardly correlate at all (among qualified ML starters, the correlation was tiny, like -0.05). K/BB implies there is a zero-sum nature to this which is not borne out by any sort of evidence.
Second, if not making good contact can drive positive results (evidence is there that this is true, but it's not high) - the list of players who can induce weak contact without inducing NO contact is small (and perhaps non-existent). Strikeout rate is your best evidence of dominant stuff, that your pitches work.
The best pitchers pitch to contact - the hitter still can't actually hit it though.