Exceptions to valuation
Are there some things which cannot be valued using a valuation model ?
As we all know Assets can be valued , commodies can be valued ,etc
But there are 3 things currently which cannot be valued
1. Currency
Currency Cannot be valued but it can be priced against other currencies
2. Collectables / Antiques
Collectables are priced based on emotions scarcity and desireabilty .
3. Crypto currency
Valuation of crypto is quite mysterious, since these does not generate any cash flow . It has a possessed value.
Anyone with any approach to value above ?
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