**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.