https://www.youtube.com/watch?v=n41GPPhLkhI&t=30sKeeping in mind the most important factor, without gold and silver, all electronic equipment wouldn't exist = bitcoin would not exist. Computers, phones, tv's, etc ALL require silver and gold to be manufactured.
That's ridiculous. Gold and silver are good electrical conductors, and that's the only reason they are used in electronics. Bitcoin is not an element that's why you don't see any bitcoin in your electronic equipments.
The value of the quantity of gold and silver inside your device's is
negligible, and for all practical purposes is much less than 1 mBTC.
Worldwide, the ANNUAL manufacture of high-tech products (PCs, cell phones, tablet computers and other electronic and electrical devices) uses some $21 billion worth of gold and silver (320 tons and 7,500 tons, respectively).
What you're proposing is in fact, ridiculous. $21 billion/year isn't negligible. That just in electronics alone, not counting all its many other real world uses where it cannot ever be recovered once it's used.