Back on the Chain

Back on the Chain



A podcast that explores the deep connections between Phish's lyrics and the creation of Bitcoin, based on the blog posts of Fundamentals Fundamentals Blog Post https://risk-fundamentals.ghost.io/phish-and-bitcoin-a-continuum-of-genius-network-effects-and-unintentional-foreshadowing/ Fundamentals X: @Fundamentals21m nostr: npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g Jason nostr: npub19l2muzvelq07kfx8glfqmpf8jdcj2xp733rhjfc05t2g2mt9krjqrae40w


18 September 2025

BotC20: RIP CK, Healing vs. Building Music, Sharing Yourself - S1E20

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Fundamentals
X: @Fundamentals21m
nostr: npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g
READ THE BOOK: https://zeuspay.com/btc-for-institutions

Jason
nostr: npub19l2muzvelq07kfx8glfqmpf8jdcj2xp733rhjfc05t2g2mt9krjqrae40w
READ THE FCKING BOOK!!^^

Intro:
Back on the Train - Phish 09/13/25 Birmingham, AL
Alternate HD Video 04-18-24 https://www.youtube.com/watch?v=7cySKvPB62k
Outro:
And It Stoned Me - Jerry Garcia Band 09/01/90 Mountain View, CA
https://www.youtube.com/watch?v=63QG8Fss6b4
Louis CK "Half a 9-11" https://www.youtube.com/watch?v=AG9jayrmjb8
Other Mentions:
The War on Drugs - Black Water Falls 03/23/12 Portland, OR https://www.youtube.com/watch?v=zJsCrrd6apU
Twiddle - White Light https://www.youtube.com/watch?v=zS3C3Jy_t8g

In this episode, we dive into the world of Phish and their recent performances, including a memorable show in Birmingham, Alabama, where they opened with "Back on the Train," a nod to our podcast's namesake. We explore the unique atmosphere of Phish concerts, where the outside world fades away, allowing fans to immerse themselves in the music. We also discuss the band's ability to create a transcendent experience, contrasting it with the healing qualities of other bands like the Grateful Dead and Twiddle. We further explore the concept of "building music" versus "healing music," examining how Phish's innovative and complex compositions have carved a niche in the music world. The conversation extends to the broader implications of music as a tool for healing and building, especially in the context of recent events that have shaken the community. We reflect on the importance of sharing oneself and the challenges of navigating a world that often feels at odds with personal commitments and beliefs.


In this episode, we finally live up to our name: Phish opened Birmingham with Back on the Train, and we revel in the serendipity. We talk setlist nods (Cities in Birmingham), Southern shows, and the quirky pop-culture syncs that soundtrack fandom—from Muppets and DuckTales on mute to cartoon-era train animations perfectly shuffling to Back on the Train. From there, we pivot into a deeper conversation: music as healing vs. music as building. Using Phish, the Dead, TAB, Twiddle, Pink Floyd, and more, we explore how some music helps us grieve and some helps us create—and why builders occasionally need the balm of healing songs. We reflect on recent events shaking our community, the role of art and live shows in holding a protected space, and what it means to share ourselves authentically (not to “orange pill,” but to build with integrity). Along the way, we shout out scene lore, favorite videos, and the small rituals that make this community feel like home.

Resources promised in-show: vintage YouTube edits (Muppets Llama; 1930s-style Back on the Train animation), Talking Heads “Cities” lyric reference, and starter tracks for War on Drugs and Twiddle to pair with your healing-vs-building listen.


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