**Bitcoin 2024 Conference Highlights: No Strategic Reserve Announcement**

Senators Cynthia Lummis and Tim Scott took the stage at the Bitcoin 2024 conference in Nashville, but the anticipated announcement of Bitcoin as a strategic reserve asset for the U.S. didn't materialize.

**Key Points:**

- **SEC Criticism:** Lummis criticized the SEC for its enforcement-based regulation of the crypto industry, advocating for clearer laws instead.

- **Freedom Money:** She emphasized Bitcoin's role in providing financial sovereignty, from the poorest individuals to wealthy investors like Michael Saylor.

- **Energy Infrastructure:** Both senators highlighted Bitcoin mining's potential to innovate energy solutions and bolster U.S. energy infrastructure.

- **Opportunity Zones:** Scott proposed using Bitcoin to create tax-free investment zones in underserved communities.

Despite the buzz, the strategic reserve legislation remains speculative.