Within their structures of law, tax and regulation, they have elected not to attempt regulation of cryptocurrencies, recognized it as a form of currency , or have even started to encourage the growth, usage and technological evolution of them. Depending on the wallet you are using the wallet may require confirmations before the bitcoin is actually deposited in your wallet and spendable. However, there is nothing that is without any risk. Just check how it’s reported in your local Rapid City jurisdiction. This has impact on, not only how you bank, but even how utilities and governments function operate. Digital money is being used every day, so it’s not something to think of as a new idea.