_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.
I disagree with you. It is not all electronic equipment are made up of silver or gold. I do not think anyone has seen bitcoin physically except the digital copy. For that, bitcoin would have existed without those two liquidity. I have seen a TV that made up of wood, although the screen, the panel and cables are made of other materials, probably those parts of the equipment we're manufacturered by silver and gold but not sure. Bitcoin, silver and gold all these liquidities have their value before human so if you compare them you might waste your time. All have their own value in life. Value is added to bitcoin when the peer to peer demand is very high and at that process the price of bitcoin will be very high therefore at point of the trading the price of bitcoin will be high for the benefit of all. Though everyone thinks different way on bitcoin. As it is noe, bitcoin has more values among the three things I mentioned..
He was merely making a debate that a commodity's utility as a value proposition is what's giving it its value, therefore making it an ideal Store of Value. Bitcoin has its own value proposition too. Censorship-resistance. It's what's giving it it's utility as an ideal Store of Value for the internet. Bitcoin as a Store of Value has its pros and it's better than their Gold, their Silver, or their other valuable metals like Platinum as an unseizable form of money.