Last year, Costa Mesa readers started reading about real estate sales transacted in bitcoin. Since Costa Mesa real estate changes hands through transactions involving six- or seven-figure dollar amounts, the idea of actually completing sales in the mysterious new digital coinage was novel enough to get a lot of attention. “Will Bitcoin Revolutionize How Real Estate is Bought and Sold?” asked NAR.com this past February. The answer was maybe, but probably not in a meaningful way—at least not any time soon. So Costa Mesa homeowners needn’t feel that they are likely to be left out of some momentous advantage if they don’t constantly track bitcoin’s value gyrations. But there is a related phenomenon that could prove to be more of a Costa Mesa real estate
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