Bitcoin, is the world’s largest and most recognized digital asset. Bitcoin has its own idiosyncratic risk, partly because it’s still relatively new and going through an adoption phase. Its creation was the first successful attempt at creating a globally distributed, digital asset whose issuance is not controlled by a central entity.

Bitcoin, the network, is an open-source monetary system – that is, a system for storing and transmitting an asset of value whose underlying code is fully open to the public. This system allows the digital asset to be sent securely between users over the internet without the need of a middleman. Transactions are verified and recorded on a public ledger called a blockchain through a process called mining.


The blockchain, also known as a ledger, is an ever-growing record of all transactions across the Bitcoin network. This ledger is public and available for anyone to inspect and verify, although the identities of participants is not included on the ledger. Transactions between participants are batched together in blocks, processed simultaneously, linked chronologically, and secured by cryptography.

Digital Asset Value

Short-term, the price of bitcoin and other digital assets are influenced by market supply and demand and trading activity. In the case of bitcoin, there is no centralized organization that determines its price. Long-term, as the Bitcoin network’s adoption grows, investors will look to different valuation methodologies. For example, Metcalfe’s Law, commonly used by software investors to track a network’s adoption rate, will be looked at to gain insight into future price predictions.

TOPCU’s partnership with NYDIG* allows members to buy and sell bitcoin within the new TOPCU mobile banking app.

Through the app, members can now take advantage of Bitcoin with the ability to buy, sell, and hold bitcoin via a secure, regulated platform, all from the secure TOPCU mobile app.

If you’re already a TOPCU member, simply log into the TOPCU mobile app to access bitcoin, or download the app today:

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Bitcoin services are provided to you solely by NYDIG Execution LLC (“NYDIG”) upon opening an account with NYDIG. Bitcoin trading involves risks, including possible loss of value. Not insured by the NCUA or SIPC. See Terms at sign up for detail, including eligibility, risks and licenses.


NyDIG is available via the TOPCU mobile app only.

  1. From the mobile app

  2. Tap Transfer and Pay

  3. Tap Purchase Bitcoin