Robinhood CEO Vlad Tenev joined Peter Diamandis, Alexander Wissner-Gross, and Dave Blundin on Moonshots to discuss AI liability policy and tokenization. Tenev runs a company doing $1.3B in revenue (up 32% year over year), a top-five blockchain, a billion-dollar private-markets fund, a prediction-market exchange, and the brokerage administering the Trump Accounts program. Treasury Secretary Scott Bessent told the House Financial Services Committee that AI labs should not receive a liability exemption, saying "The one thing we should not do is give them a blank check on liability." Tenev argued the question turns on blast radius: civil liability suffices for a contained cyber breach, but for something on the tier of atomic energy, "simple legal and civil liability is not sufficient," citing the 1929 crash producing the Securities Act and the Securities Exchange Act as the template. Tenev said tokenization is a "freight train that can't be stopped and will eat the whole financial system," that Trump Accounts extend equity ownership to age zero, and that the AI industry's political unpopularity stems partly from ordinary investors having no stake in it. Wissner-Gross countered that most tokenization use cases need only "a few database tables maintained by a centralized trusted clearing house."