Transcripts For KQEH Charlie Rose 20171020

Of these games. Jeff we conclude with heidi ewing and her new movie one of us. We began with an Organization Called footsteps and footsteps has been helping people transition into a more secular lifestyle. They guard it ferociously and they are not listed on the website and its a private space where people thinking of leaving come for help. And so we started talking to footsteps and took them about six months to agree that we could come and hang out in their lob e and in the inside footsteps with no camera and talk to people. And through those months and months of showing up and talking to people, we were able to find it. Jeff bitcoin, the chicago cubs and the Netflix Documentary one of us when we continue. And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Bitcoin, the worlds first significant and most popular crypto currency set records this month. Prices soaring nearly 5900 before falling as much as 9 in the past few days. Bitcoins meteoric rise is the worldwide debate over the future of digital currency. Here to discuss bitcoin are three experts, Catherine Wood is the founder ceo and cio of ark investment management, paul viggo yeah is a reporter at the wall street journal and coauthor of the age of cryptocurrency how bitcoin are challenging the Global Economic order, and lily katz is a reporter at bloomberg news. Welcome. Paul let me start with you. Theres been a lot of bitcoin talk recently. Where is it right now . Where its at right now, i tell you its probably in oh god, catherine you probably know too, probably the fourth or fifth kind of wave of interest of this thing. Throughout its history its waxed and waned in terms of the speculative fervor and the attention in the mainstream. Certainly in terms of just price and dollars, this is the biggest move its ever had. In terms of interest, probably the biggest, i mean i dont know if you could say its totally in the mainstream but its much further into the mainstream than it has been. Catherine, is it still in hype phase . Well right now the market cap we call it Network Value of bitcoin when he include both bitcoin and bitcoin cash a little esoteric is a little over a hundred billion dollars. So its come up, its come very fast but its at a fraction of apples valuation of amazons valuation and we think its a much bigger idea than either one of those. Certainly a small fraction of the overall economy. Yes a very small fraction. I think the market cap is like 180 billion last time i saw. There are like a thousand different digital coins. It was 12 billion a year ago. So its been pretty wild the last year. The Global Economy is tens of trillions of dollars worth of value. But bitcoin is far and away the most popular. Its more than half of the total ecosystem at a hundred t if you would. E back a little bitcoin is invented in the wake of the Global Financial crises by and how . Released in the original white paper sort of announcing the concept was released in october of 2008 sort of at the height of the financial crises by something calling themselves nakamoto. To this day we dont know who that really is. Whoever that person was had been working on it before the financial crises. The christ hits. They release the white paper. January 2009, they launch the software. Its an open Source Software project. So nakamoto put the software out there for the world and anybody who want to adopt it and work on the project. So he starts in 2009, the economys in the tank, the Financial System has collapsed. The central bank had to pour in and put money into it and save it. It was kind of, not kind it was, it was geared as an alternative for the banking system. And at another time i think if he had released that paper and that idea might not have taken off but because he did it, i say he, it could be a she, it could be a they, it could be a group of people. There are all kinds of theories. Because of the timing that nakamoto chose the thing really took off first in the sort of hacker Hobbyist Software Developer Communities and then it started to get out a little more little more, kept growing through 10, 11, 12, probably 12 or 13 it started kind of really step into the mainstream. This is one of most intriguing parts bit is the speculation over who nakamoto is. Yes. Several people came out and claimed to be but his or her identity has not been confirmed. Hasnt been outed. People have come out and said this is nakamoto and that pepper says person says no im not. Theres where you dont need a third party like a bank. They sort of conceptualize this world where transactions are cheaper because youre not going through a bank and they are more secure because these transactions are happening on the block chain which is this shared ledger of transactions. Which is why the bank dont like it which is in part why jamie diamond slams bitcoin. Sort of back tracks a little bit but theres been a lot of discussion. Lot of discussion. This actually is increasing the publics interest in it so you have jamie diamond very public figure, very wellknown along with howard marx of oak tree all negative. Interestingly the following week after jamies comment, james goreman coe of Morgan Stanley and blankline were speaking about it in a very different cone and i think its because theyre beginning to see trading opportunities. Theyre not endorsing it, theyre just saying were interested in finding out more about this because our clients lloyd in particular said this because our clients are asking bit. Yes, yes. So started introducing more folks tight which leads to the question i dont want to get too far ahead of ourselves because theres much to talk about paul but it then leads to questions of regulation and not just potentially banks and Financial Services firms being involved but the government being involved. Yes. And thats a very dense topic actually. But broadly speaking, we have a couple different moving parts there. One you have the people working on bitcoin itself and that project, another because there are crypto currencies that are like it. And initially a lot of them were very antigovernment, antiregulation, you know, the whole thing was designed as a hacker project. Were trying to go around the system and say create a network that you dont need these middle men. And then you started having businesses come in saying we could build a business on top of this and if we want legitimacy we need to be regulated. They started reaching up to the regulators. The last four or five years youve had this demic where one group is antigovernment, antiregulation and another group that says look we want to build this and bring this into the mainstream and this has value for people in their every days lives lets build relations around this and then you have every regulator on the planet is now at the point where you have to figure out what this is and what it means to their economy and how they are going to address it. So explain this to us then because jamie diamond was very critical of it but also did say he believes the Block Chain Technology is legit legitimatet is that . So basically the concepts behind bitcoin, the concept behind the software have broadly come to be called Block Chain Technology. In this sort of broad set ideas essentially taking, creating a network where anything that can be digitized could be traded between two people directly. I have an asset i want to give you. Lets say a mortgage deed, actually. You could take a mortgage deed and i could digitize it, stick it in a transaction on this software program, send it over to you. That gets time stamped in the network. And the idea is just that its a weight, its like email actually. Its like trading emails but instead of just sending an email back and forth what im sending to you and youre sending to me is something that represents value. Thats really all the block chain is. When you get into bitcoin versus the block chain, bitcoin is this open soue Permissionless Network anybody can join, anybody can become part of it. What the banks are trying to build something they control. Because its verified publicly. Yes. Its what you were talking about before, the open ledger. What happens with bitcoin every computer on the network has a copy of this ledger and every transaction gets updated on every ledger at the same time. So that it can be verified. And that process which puts everything out into the open make it all transparent. That is actually what kind of make the banks unnecessary because previously you needed a third Party Tracking all those transactions and keeping the books. In the original white paper they talk about proof versus kroammaryt. The system we have right now is based on trust. You trust a bank to keep your mind secure. This bitcoin system is based on proof because you have these computers solving these really complex math problems to verify the transactions. It could be a mortgage, it could also be a cup of coffee. Yes it could. Were seeing more business to business these days. When people think i dont see this happening with cups of coffee, they cant conceptualize it but theres one way we have helped our investors conceptualize it. Remember when Technology Experts said voice is going to be free one day. We had trouble understanding that. I did back in the day. And of course today we have voice over ip. What this is, is money over ip. So voice over ip is free. The transmission of money over ip will be free. Again like the email analogy there. And then this distinction block chain bitcoin. When we first started studying doing research in silicon valley, we heard a lot of Companies Say i like this block chain but i dont like bitcoin. We were saying wait a minute, as we were studying this in terms of the bitcoin block chain, you cant have that unless you build it out and incentivize the miners with the bitcoin. So you cant separate them unless in jamies case, he wants a Walled Garden trusted network. He doesnt want what is called permissioned. The bitcoin block chain is permissionless. The argument on his behalf is that its too vulnerable to hacking, it cant be controlled, theres so much, theres already volatility when it comes to the prices this bitcoin to be sure. But those who criticize it say its just, its dangerous. This is the same criticism we heard about the cloud when it first came about. Everybody said well that can be hacked. Thats true, anything can be hacked. But what the cloud was an open source system. When youve got a lot of eye balls watching a system as we do with the bitcoin block chain and a lot of peoples livelihoods and businesses dependent on it. Weve got a lot of people watching it from a Security Point of view and were seeing when a hack starts the news travels really fast and its stopped. So we actually think the permissionless block chains are very robust and very secure relative to the permission ones. I think the real argument isnt even that it is vulnerable to hacking o or fishing scams, everything is. You look at some of our existing architecture, well use some techie terms, look at all the hacks that have happened. Look at equifax. The systems we have built up over the last few decades are extremely vulnerable to hacking. Hacking is not the real argument against bitcoin. The real argument against bitcoin is that it is a system that authorities cannot control. They dont control the money in it, they dont control who is using it and what they are doing it for. What regulators have to figure out for themselves, somebody like jamie diamond doesnt want that because that cuts into jamie diamonds business. Regulators have to figure out is that something we have at least enough control over its not going to destroy the economy. Its not going to up end the government that we can collect taxes on it. Or are we willing to like accept some amount of for better or worse dark net type transactions. I mean bitcoin is relatively anonymous currency. Cash is a completely anonymous currency. Theres a lot going on riot right now. This is in its infancy and lots have to be figured out. Its not just the money, its the technology. Weve got three forces coming together here. Youve got Financial Services and the regulators dont want to impede the technology. They dont want to be accused of preventing the next internet. So they are stepping lightly. And were even seeing very recently, actually within the last week, scc and the cftc beginning to agree on what bitcoin versus other Crypto Assets are. Some should be regulated by the sec and some should be regulated by the cftc the commodities exchange. And other thing that we see going on from a regulatory point of view is a fear on the part of regulators in the developed world theyre going to prevent innovation so theyre stepping lightly. What do you say to the investors when they look at the volatility what is it a thousand or so all the way close to 6,000 in the span of nine or ten months. Not the first very dramatic swing up or down. Its happened. You dont think thats going to end any time soon. As i mentioned, weve sized it. Its about a hundred billion for bitcoin. That is a very small market right now. Its captured a lot of peoples imaginations. We are going to go through hypes and then shakeouts. Hypes and shakeouts. There will be regulatory news, there will be hacks. All of these things have already happened. We call this antifragile. Its being Battle Tested almost every day. China banning it, russia bang it. This is all tests bit has gone through and it dips and comes back. Its resill yept at least in the last year. Youve had it split into two currencies. You have bitcoin and bitcoin cash. People were really scared before this happened and bitcoin prices dropped and then bounced right back up. Is the big question right now how long the battle testing happens before it settles, paul. No. Because i think that is together to continue for, i mean until bitcoin is at some, assuming it gets to some point thats not going to happen any time soon. That process is going to go on for a long time. When you talk about the price, there are a couple things, yes its extremely volatile but there are people who love that kind of volatility. Theyre called traders. And they, you know, a lot of wall street traders are interested in this now because it is volatile. Because you can make money trading it and the guys who are bitcoin traders who have been doing this for a long time, they are total keyboard cowboys. They love thing. They stay up all night and trade and they tonight care if they go up or down, theyre just looking to make some money off it. Part of bitcoins attraction to that group is the fact its volatile. The other thing thats important to keep in mind when youre talking about prices, this is still a very small groups and lot are holding it because they believe its going to 10,000, 50,000, whatever price. In some ways i really think about it coin is a one way trade. Its a lot of longs in there, not a lot of shorts and not a lot of ways to short it. To some extent i think the price is, you know, its not like a mature market. Its not like stocks where stocks are going down you know people are selling because they think theres something wrong with the company. Its not quite like that yet. Weve done a study on the volatility, you can measure it. If you do it on a 12month moving average basis and i know thats, you will see it had come down quite significantly. We had compared it to twitters stock price. It actually dipped below that and it dipped below goals of volatility last year before this next round up. So the volatility has, compared to where it was in 11, 12, 13 has come down quite significantly though it is volatile. Which is a natural progression of things one would think. Sure. So really, whats the difference between buying and mining . So buying a crypto currency is just literally paying money to have a coin. Mining is i like to think of it people sitting in their basement on the computer and its called a mining computer and you have the computer run all these complicated math problems to verify the transaction happening on the block chain to digitally time stamp and make that are shes no double spending happening. You can think of it like if you have someone counterfeiting you can have two. Tell me the ditches between bitcoin in 2eubg. Because were in the Public Market and can only buy Financial Securities theres one way we can get registered export to bitcoin and its only bitcoin we can access and thats through and over the counter security called gbgt were trading in the stalk market that trades over the counter. You may know more about the fees. So the fees have changed over time for bitcoin. One of the biggest debates recently has been people call the scaling debate and basically people are concerned that Bitcoin Transactions are getting too expensive and slow. And that is actually why Bitcoin Split in two was these two sort of rival camps could not come to an agreement and the slowness of the network so they moved some of the transactions off of one network basically. If im buying a cup of coffee for a couple bucks i pay with a credit card, mastercard and very is a will take a couple points, American Express will take more. Where is the money going . Obviously the moneys going to starbucks or wherever you buy that cull cup of coffee. Who else is taking. With bitcoin initially when it was designed one feature was there was a fee. Everyone thinks Bitcoin Transactions are free. Theyre not actually free theres a very small Fee Associated with it. That fee goes to the miners. Its part of their work for processing transactions. In the early days, the capacity of bitcoin to process transactions is capped. How many can do per second. Its just a design of the network. In ther days the transactions were so small that it didnt matter and that fee which is a voluntary fee that i as a the transactor would offer the miner you didnt have to offer them anything because there was no strain on capacity. This year because there were so many more transactions youre starting to get bottle necks. What people were doings they were offering higher fees to get their transactions put to the front of the line. Some countries are em em embg it and some are banning it. China. China is like north korea might be stealing it, south korea is starting to embrace it. Over in europe, they are pretty pro. Switzerland is pro. Uk is interested in it. The u. S. I think, were pretty positive. When you talk to regulators and government types, they see there could be some value there and something they want to help build out. So youre right, every country kind of is at the point where they are trying to come to grips witness. Theyre doing it at two points of view Monetary Policy and power, that way. I think thats one reason china did it, you know. This was a way to get capital out also. They were trying to control that. Regulators are thinking about policy, Monetary Policy and capital movements. But the technology is where they have to do a double take because theyre saying wait a minute, who banned this then we are banning this potential engine of innovation like the internet was. This is where the worldwide web was in the early 90s. Do we want to do that . No. Especially in the developed world. Just a very careful analysis. It was interesting, Christine Laguard of the imt she believed is going to be extremely disruptive and came out saying so a few weeks ago because she during late 09 gained such credibility for calling a spade a spade. I think a lot of people sat up and took notice. Cryptocurrency. More conversations to come. Catherine wood, paul vigna and lily katz, thank you all very much. Jeff rich cohen is here. Hes an accomplished writer and editor and the cocreator of the hbo series vinyl and a life long fan of the chicago cubs. His new book, the chicago cubs, story of a curse, tells the teams story from its founding in 19 18 0 through the 2016 triumph at the world series. The book blends memoir, reporting, history and baseball theology to explore what was the long held question why cant the cubs win. I am pleased to have rich cohen back at this table. Welcome. Great to be here, thanks. Life is great. You can die in peace, the cubs did win. Basically as a cubs fan your identity is being on a road trip that never ends and the road trip kind of ended for me a little bit. You still want to win this year. More than ever. The cubs fan thinking is people ask me why im a cubs fan. I dont know it was just given to me when i was a kid but its become so intense you july try not to put your head through a wall during some of these games. I may mention by the time this interview may be out but the dodgers are. Was it as satisfying as you thought it might be. It was disorienting because cubs havent won in 108 years. The cons announcer had a great line everyone is entitled to a bad century. Losing became so regular and so intense and happened in such great ways we turned it into a kind of religion. I always thought being a cubs fan made you kind of better because cubs fans are kind of like buddhists. Youve given up the whole idea of ambition, you were just enjoying the game. When you wore the cubs hat you told the world my kingdom is not of this world. We won and its sort of like the red sox fans went through the same thing the whole identity changes and you realize your children grow up in a very strange world where they think the cubs are a great baseball team. You said it was never a curse or a voodoo it was just a fear. I think one of the last interviews for sports illustrator, the biggest, the point where the curse became really serious was 1969 where they had this incredibly great team up by like seven games in september and they slapsed. I asked ernie banks and he said whats the curse. He said its not voodoo its fear. Basically when youve never won and your team never won and youre getting into these High Pressure games suddenly you dont know how to win and you kind of choke. What the owner of the cubs said to me is interesting he thought the reason they didnt win you build a baseball to win over 162 game season and then you get in the play offs and its a crap shoot. In order to increase your odds you have to go back multiple years. And the cubs never repeated in the playoffs since the early 1900s. This year, whatever happens, im reminding myself to be grateful because they broke the first and i lived to see it and a lot of people didnt. This is their Third Straight appearance in the nlcs which is not since 1906, 07 and 08 and gives themself a chance in the end. Its a fear among the players, ownership and fans. Its pervasive. Its like a psychosis and the one thing that was hard for me is the fames game where a fan reached for the ball and the cubs fell apart very close to the world series. And the fans at wrigley instead of taking it out on the fans turned on bartman the fan. It seem to me kind of a self hate like its our fault for whats happening. As a cubs fan something is happening and you dont know what you did to deserve it. Im a bills fan. Were winning to get over that hump. Take me back to the genesis of the team. I mean, why, how did the cubs come to be and it certainly wasnt the same way back then that it is now. Right. Im not really a sports writer. Interestingly because its American Historyion down to where you can understand it. In this book, and i always feel like if you tell the story of the cubs correctly youre telling the story of america in a fun house mirror. Basically baseball came out of the civil war in a way as we know it. There are a lot of town teams and local team. In cincinnati they they beat the crap out of the great chicago teams. It so angered the chicago businessmen. If you know chicago, the attitude with a do they think theyre better than us and they put together even a better team of ringers. Thats the cubs. They were originally call the white stockings as opposed to the red stockings and they beat the crap out of the red stockings and went on and became the con and their history is completely entwined with the history of chicago in america. Their really first great stadium burned down in the chicago fire. They built, the great shame of them and the real source of the curse their captain who really created the color line in baseball. Then they built this great team with the famous double play combination tinker ever to chance in 1906 they won 116 game in a 154 game season. They were like the yankees became in the 40s, 50s, 60s. They dominated. How did they go from like the yankees of the 40s, 50s and 60s how did they go from that time to filling off. They stayed good. If you look at their record they won like 700 games in like eight seasons or seven seasons. They stayed good up through world war i. They would be in the world series but lose. William wrigley acquired the time and what happened is its kind of a corporate thing too. You have a he were corporate culture. Sports doesnt make sense as a business unless you love the sport and want to win. William wrigley wanted to win and his son didnt really care about baseball. When asked his favorite sport this is kind of a famous thing he said craps which i didnt think was a sport you know. He sort of made this is it a sport . Maybe if you move your arm back and forth you can break a sweat. He said im not going to put money into the team. Didnt care about baseball. Ive got to give fans a reason to come out so he made Wrigley Field the gem and jewel and became trapped in this kind of Beautiful Museum where we didnt have winning but we had wrigley. What a tree post season in terms of the teams the biggest cities in america, new york, la, chicago, houston all competing here, three of them have fantastic pedigrees, what happened with houston and hard harveys and base be is pretty pleased with what theyve seen this fall. Not only that. I think personally is better than its ever been. Like the quality of it. The games are maybe a little bit too long. I have little kids and you have little kids and its move away from football and where are those kids going to go. Baseball, they are so athletic now. Thats a great thing about the cubs, its almost a throw back to the dead ball era of baseball and how athletic the teams are. Even with all the excitement and my son is big and huge into basebaball right now. I was in my local sports store the other day and he said that football stuff still outsells baseball stuff ten to one. Really. I think its going to change. I wrote a book about the 85 bears. The more stuff you read about the heads injuries, its just hard to accept as a parent letting your kid damage their brain basically. And baseball always was americas sort of first sport. The cubs are the first sort of pro team in america and its linked up to American History that there is Something Special about it. And even the bears, Chicago Bears. It was started by George Hallis because he started as the ride fielder of the new york yankees, failed and then started the Chicago Bears who played in rickly field and were named the bears just to distinguish them from the cubs. Theyve been intertwined and base ball is the first sport. What werent they able to do for a hundred plus years. What he said was are you willing to let this team get bad so bad you wont be able to have dish out in chicago. Thats how bad they have to get. The team was owned by the Tribune Company and they were airing the tbaims and they always the team to seem like a plausible contender. So they never let them truly fall apart. Rick said he wouldnt have bought the team if they won the world sees. He want to be the one. Because he knows in chicago if you broke the curse you basically go to heaven without any stop in purgatory, you know. He want to be the guy that did that and he signed on to that. If you were watching the cubs in those years they were some of the worst teams in cubs history lost over a hundred games. I think they never really let the team fall apart like that. And they let this sort of, its really an interesting thing like its a story of the power of a narrative. The story of the cubs love of losers actually had an effect on the mentality of the team. I traveled around with them in 2000 for a story to figure out why they cant win. Thats what they said. Joe jarred or was with the cubs then. Look at all the pictures. They are guys celebrating winning together on the mound. I said there are pictures of Wrigley Field and he sewed yes but individuals celebrating individual accomplishments. Theres that much psychology to it. Yes especially baseball which is a weird game. Hitting a baseball you see it with the cubs. The cubs i think are a great tam and i think theyre the best team in baseball because probably im a cubs fan. Because the cubs have one really fatal flaw over now and then they stop hitting and their bats go to sleep at once, i picture them in a bed tucked in and i yell at them. Thats why we were swept in the usls. Its momentum and its a big deal in baseball. Thats why they fell apart right at the end of the season. Every cubs fan has the one team that almost killed them. In 1984 that cubs female almost died. Thats why i became a bears fan because the bears were penicillin for like a wounded cubs fan. That team was, i dont remember the number, five or six outs away and just things that seemed strange easy plays couldnt be made. And you can see thats where ernie banks is talking about the fear as you approach the finish line almost overwhelmed them. Who was on that. Thats harry carrys all animal infield. Leon at first, rhino and sandberg at second. Larry at short and ron the penguin at third and once every four or five days steve trout n the mound. I remember arguing with my father that the under fielder was too soon to tell but it looked he was probably a Better Center fielder than joe de maggio. My father is a yankees fan. He grew up in new york and thats the thing he took me to my first cubs game. After my first game he promised me not to become a cubs fan. That teen will ruin your live and all endeavor to end in defeat. Talk about your kids if you can. They are cubs fans. I didnt really do it intentionally, i think its just what they call modeling. Theres a point where were all watching the cubs at my house and theyre in their cubs jerseys and their cubs are falling apart and i looked at them and got that cubs feeling and i looked at them and thought oh my god what have i done, im a monster. This is child abuse, why am i bassing this on to another generation. Its easy for them now after they won. Yes. The cubs won when i was 48 years old. If they had won when i was 16 i would be six inches taller, much more successful, much more handsome. How is the dynamic between the cubs and the white socks now in chicago is what . Its the white sox fans are going to hate me but basically i feel like from my friends, the white sox fans have a lot of resentment towards the cubs and the cubs fans dont really care. The white sox are incredible franchise too. And the white cox where harry carry comes from and the architect who built Wrigley Field. They took the name white stockings from the cubs but the white sox will always be the team in my mind that fixed the 1919 world series. What was it like, what is it like writing a book like this as sort of an outsider, not the cubs beat reporter. Thats my whole thing. I dont want to be inside. I dont want access. I want to be outside. I want to actually literally get it from the grandstand. I want to be with the fans. I want to be in the bleachers with the guy drinking beer. Harry when i was a kid he used to do one week a game every year he would broadcast them from the bleachers. He would get increasingly drunk as the game went on and when there was no way he could see what was happening. He was on feet away from home plate and he was describing everything wrong. One of the gray things watching the cubs games was disparity when what he said and what was happening. But he got the bigger story what it means to be a cubs fan, what its like to sit in the beachers and the cubs were great. This is a thing the cubs had over the white sox. They had no lights which meant they played all day games. If you grew up on the north side or north shore you could get on the train and be down there after school for the third inning and there was your first taste to freedom and being kind of part of the grown up world. It will be nice to see vince call some of the dodgers world series. They did that with the cubs. They tort of recreated harry carry. See the cubs is a hugely Important Role for a con. Why was mr. Ernie banks mr. Cubs. Hes probably the most skilled player but it was his attitude which is we had terrible teams and you needed somebody to hook your hopes on. The fact that he was so sort of optimistic in all the failure, everybody can about a be gracious when they win the person who can be gracious when they lose is the real aristocrat and has real character. Its how people react when they win but also how they react when they lose. When they lost the world series in game stephen last year i was so excited but my focus immediately went to the Cleveland Indians dugout to see them because thats who i really identify with. Thats the side ive been on my whole life. The book is the chicago cubs story of a kurks the author is rich cohen. Good to see you. Go cubs. Jeff one of us is the new documentary from heidi ewing. It offers a rare book into the Hasidic Community and one of the former members persecuted, harass and shunned for leaving. It will appear in netflix and in theatres on friday october toth. I was living a double life for a little over a year. I called my mom and said hey mom can i talk to you. Are you sitting down. I said im not religious anymore. She said okay. And she just hung up. And we didnt speak for seven years. I looked in the mirror and saw something thats not what i want to be so i chose a different path. I dont know anything. I have to learn how people live. Google. I couldnt google how to google because i didnt know how to google in the first place. The more of a questioner you are, the more likely you are to leave. But theres a design in society anybody who leaves ends up in jail, they never make it out there. End of the years the spouse would beat me. If you dont show up in court then you lose your children. Nobody leaves the Hasidic Community unless they are willing to pay the price. Theres people out there banging down the door and there are adult men outside and im alone with the children. Do you know these people. They are my husbands family. Joining me now is one of the directors, heidi ewing. Welcome. Thanks for having me. This is a searing documentay heart breaking. What first brought you to this subject, i live actually in an ultra orthodox neighborhood and rachel adjacent to an hasidic neighborhood. As new yorkers of course we interact in some way. We live, we share the city with the Hasidic Community. Its a great curiosity about secular new yorkers about this very close this is her group who is very identifiable by their dress. And they are not often making eye contact with us so really it started with a point of curiosity. Not making eye contact with you by design. Yes. The Hasidic Community by design does not interact with outsiders unless they absolutely must. How big is the community. Its about a on, on to,00n new york. It started in europe and actually in yearn europe the community wasnt as this is slur as today but the vast majority of hasidic jews were exterminated in the holocaust because they refused to fit n the vast major died in the holocaust. When they came to mostly brooklyn and settled in new york they became much more cloistered, very suspicious about outsiders and the theory is this is a community that is traumatized by the holocaust and passes that down generation to generation. And that is really the reasoning. They would like to be left alone. You mentioned you followed three different people as they try to leave this community with varying degrees of difficulty. One of them is eddie who has seven children. This is eddie talking about the very strict rules for children in the Hasidic Community. Children will never enter a secular library for any purpose. A lot of rules, so many so many rules. My son was in second grade. Its hasidic schools are using it. Check out all the girls. Thats a magic marker. How my son answers, how do you know which is which . Reading and education is so deprived in the community; thats how they keep their role. How old is eddie. Shes now. She has seven kids. Thats right. When she first had them she was 18. Thats right. When did she know this was not a world she want to be a part of. She never planned onlying the community. She suffered a lot of abuse over a 12 year marriage and the children also survived a lot of physical abuse. She want a divorce. She had gone to the rabbi many times over the years because it is discouraged to go to secular courts to call the the. She had tried that many times with no success. So eventually she got fed up and she got an order of protection. She went to the force and that was a breach a protocol. That was considered a betrayal the community looked at that as a be betrayal. It was a quick house of cards. Shes pushed out of the community and the community awe attempts to take her children. She just wanted a divorce. She was willing to raise the kids hasidic. She no longer has her children. She no longer has her children. How did you get to know eddie and get this kind of access. You havent seen a film about hasidic jews or hasidic jews are unhappy. How do you know, how do you find people who are going to speak to you. My codirector and i were secular women so we never thought we would make a film like this. However we read an article about this organization cled foot steps and foot steps has been for over ten years helping people transition. They guard their membership is he very ferociously and gealously and their address is not listed on the website and its a very private space people thinking of leaving come for help. We started talking to foot steps and took them about six months to agree we could come and hang out the in their lobby and inside footsteps with no camera and talk to people. Through those months and months and months of showing up and talking to people, we were able to find them. So footsteps is the organization that shepherds these folks through this process when they decide they may want to leave this community. Thats right. They are pretty much the only one. What sort of threats or challenges does footsteps face. Foot steps is reviled and despised and looked as a threat. They look like an organization removing them from the community. We observe neither of those things to be true. Even if someone in the community finds out youve been to foot steps youre on notice. Its not like youll ever tell anyone youve been inside until youre positive you would like to leave. Talk about this what happened in to to 11, a speech as it relates to the Hasidic Community and what the rabbis would like to see. This was a mastif an sty internet conference. Its very arresting when we found those clips. We had heard about this through one of our characters ari and that rally made him interested in what they were row hibitted from looking at. Its a cottage industry. Businesses in the community that can filter your cell phone, filter your computer so you can only do searches perhaps for a local Shopping Experience or Something Like that. And so its very guardeds. Obviously the jean genie is out of the bottle watching any secular films or surfing the internet. Ari he needs to learn how to google to google. What does he learn then in this Community Growing up. Well ari is a very traditional boy, he was large else by a very powerful sect in williamsburg. Basically torah, religious studies. His first language is yiddish. They teach it because they must by law but apparently kids leave during class and parents dont really care if they study english according to ari. He went to an all boys school where theres no premium on proper education. You come out of a community youre sell, and looking at the internet. Thats why more people dont leave. How can you make it out here. Ari cuts his hair. Whats the reaction Something Like that happens. Yes. The side curls are an identifying marker for a male in the community. Thats a provocative act. Its like a women who removes her ambiguous or who wears pants. Cutting off your past is an active rebellion that means im no longer with you. So has the Hasidic Community, have they reacted to this . , have they had a dialogue with you. Our attempts to reach out to the community, almost all of them were met with the response theyre not interested in participating. If there are any people who left the community represented in the movie they would not speak to us they wished us the best of luck. Including the representatives out there in the community. We do have a feeling and a sense of the elders in the community through some the characters youll see in the movie and one lovely gentleman does sit with ari and you get a sense of some of the camaraderie and kinship that does exist among men and women in the community. We havent had a dialogue with them. They havent seen the film. Theyre not supposed to watch netflix. I cant imagine many people will see it. We reached out but was pretty much shut down. Eddie believed she was threatened and harmed by those who didnt want her to leave. She was threatened by her husband and others. We have a series of phone calls in the film that you hear. She also suffered a very mysterious bike accident days after she was told that the bike was not accept, that they saw her riding a bicycle which they consider absolutely bad behavior, immodest behavior. She was stalked, something that came out in the trial. She was followed for many months and basically made to feel afraid, isolated and alienated. Her family Sisters Brothers neighbors, everyone stopped talking to her basically on the same day. She lost everything after she filed for order of protection. Whats the reason given when the speech is like the one that we saw at city field given, get rid of the phone, get rid of everything that provides any sort of communication to the outside world. Why . The community for the most part believes that technology and this sort of select ter information secular information is a threat to their system. They want people to be born and raiptzed in the community to repopulate for the six million that died. The hall calls is holocaust is a reference every single day. The outside world will take peoples attention away and too ambitious for Higher Education and put off having children. If you can keep it out you can keep the community in tact. How do they make money . What jobs, what are typical jobs inside the Hasidic Community are what. The majority of the community are actually at or below the poverty line. Williamsburg in brooklyn is the at sort of have all of theies money and they share that. They pay for the weddings and funerals and charities and those sorts of things. It used to be more of the garment and diamond industry for the Hasidic Community. Now its actually real estate. A large amount of the real estate and park and williamsburg and other parts of brooklyn, Crown Heights for example is owned by this hand full of families so they are funding a lot of the community but the rest are really relying on social services. They make money through rentals of property or what. Constructions, rentals, buying and selling of buildings. What do you hope this documentary does . You know, sunlight is important. Sunlight is the best disinfect opportunity as bran dice once said and we believe that. Were shining light on the community this is sort of rating in the shad shadows and that ee understands whats going on in the community and talk about the abuses also that are happening. How much appreciation or connection do you think there is inside brooklyn from the folks who lived there outside of the Hasidic Community right now . Is there any, i mean you lived there and you see it. I mean, do you say hi . Now i say hi to everyone. Absolutely. I learned a little yiddish along the way. The community is not looking to interact with secular people and i think when you go into those neighborhoods you feel that. Jeff heidi ewing. The documentary is called one of us on netflix. Thaf thank you so much. Thank you. For more visit us on pbs. Org and charlierose. Com. Captioning sponsored by Rose Communications captioned by Media Access Group at wgbh access. Wgbh. Org rose funding for charlie rose has been provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Youre watching pbs. Steves pragues old town square, once just another farmers market, is now the heart of the city, but today, the commerce is clearly tourism. The fanciful Gothic Tyn Church soars over everything as if to remind tourists lots of religious history took place right here. Back in the 15th century, when some christians were beginning to struggle against Roman Catholic dominance, this was pragues leading hussite church. Hussites were followers of jan hus, whose statue graces the square. He was a local preacher who got in trouble with the vatican a hundred years before Martin Luther and the reformation. The chalice is a symbol of hus and his followers, who believed everyone, not just priests, should be able to partake in the eucharist, or holy communion. These days, huge crowds gather at the 15thcentury astronomical clock back on the old town square. The dials seem to tell you everything you could possibly want to know. It tells the phases of the moon, sunset, current sign of the zodiac, each days special saint, and, somehow, it even tells the time. And of course, 500 years ago, everything revolved around the earth. At the top of the hour, death tips his hourglass and pulls the cord. The windows open as the Twelve Apostles parade by, acknowledging the gang of onlookers. The rooster crows. And finally, the bell rings. But my favorite part of the show is watching the crowd gawk. The following kqed production was produced in high definition. And their buns are something i had yet to find anywhere else. And you can come to my house to dinner. Breaded, fried, gooey, lovely. In the words of arnold schwarzenegger, ill be back. Youve heard of a connoisseur, im a common sewer. I may have to ward off some