> Instead of being used for something useful
Bitcoin uses less energy than YouTube. Wether you think having a decentralized, global monetary system that gives everyone an opportunity to own sound money that the government cannot take away is more or less useful than YouTube is of course something everyone is entitled to have an opinion on.
It might be that you are correct, it is too early to tell, but you are no the final judge of what is useful in the world or not, so this quote is just your personal opinion and nothing more.