https://ift.tt/3syAyqd inefficiency compared to other crypto?

https://ift.tt/3qsjJuobitcoin-may-not-last-that-much-longer-academic-warns.html

>”Bitcoin’s use of the blockchain technology is not very efficient,” said Prasad, who is the author of ‘”The Future of Money: How the Digital Revolution is Transforming Currencies and Finance.”

>The cryptocurrency “uses a validation mechanism for transactions that is environmentally destructive” and “doesn’t scale up very well,” he explained.

What are the counterpoints to the argument this professor is making on BTC? I’ve always had a bit of a concern that BTC, a technology, could end up like Blackberry or other first entrants to a new space and lose out to superior tech/processes. Having a rough morning so could use some hopium…..haha

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