A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
Yeah of course it could lessen the damage of fiat money if bitcoin will be taken as an alternative form of payment and in that way the resources and the raw materials that fiat money will be made will be conserve due to minimal damage on it as bitcoin will take as an alternative form of payment. And i think there are many advantages here with bitcoin yet there are also disadvantage of using it. Either way all in all i believe that bitcoin will do good on environment.