In the early days of Bitcoin there were definitely also a lot of like off chain auctions that were settled on chain. And you don't know how much you should price it. So that's I would say that's the second use deferred good case after transaction fees. Then the initial coin offerings and now we have NFTs where auctions are very important actually to how you allocate and sell NFTs. But this is 2014 where people tried to implement auctions and it like didn't really work on Bitcoin very well.

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