All the kids were watching to the left of where the action was happening, enough so to throw me off completely from the illusion, though some do follow it to the center as it goes on. If this isn't added in post, I'd guess this is using something akin to the Dubai video above, and like the video projections on buildings. They map the space, then when the audience is there, project the image live to a monitor, which is what the kids were watching to the left.

Basically it is an improved version of the goal line and projection seen on American Football games. That technology has come a long way with far more information being displayed on the field of play.

This would be a natural progression the technology and I'm surprised we don't see ads and the like on the field while watching a game. While American Football is filled to the brim with ad space, one of the problems American TV has with the "beautiful game", soccer here and a few places, football to most of the world, is the lack of ad time. I wouldn't be surprised to see mini ads playing around the action. Joe the Cameraman just keeps the action to the left half of the screen, and the right half has an ad on the field... perhaps starting off subtle, could be tied to the video monitors on the sideline of the fields that are already showing ads. Just amp that up... not a future one really wants to see, but I'd guess it is coming as more people ad skip.

Yeah, no, a CG whale comped into a shot of a non-responding audience isn't a hologram. The video linked in Gratefulmom's comment is just AR, not a hologram - they're looking at themselves in a video monitor that's got CG animals overlaid on the feed. And the Vancouver Expo video is probably an example of the Pepper's ghost illusion, like the recent "hologram" of 2Pac, rather than actually holographic.

And good call on the "Project Blue Beam" bullshit.

All security isn't based entirely on prevention, it is based on delay and threat of being caught. We lock our houses so criminals aren't able to enter by just opening a door. I have no illusions that someone could get in if they were committed enough.

I use the in-room hotel safe, because it is better than just leaving some of my valuables in a drawer.

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As always, my views are just a layman's perspective with no claims to expertise.

@RedSky

You correctly point out the intent of the reform, to stop fractional banking which they diagnosed as a primary driver of volatility within the financial sector. They want to revert back to a system where the banks were intermediaries the way you described it: deposit leads to loan, in this case at a maximum ratio of 1:1, no leveraging.

Unlike the current system where bank deposits are mostly created by banks themselves -- the act of lending creates deposits. In fact, deposits are liabilities of the banks, not assets. Reserves are assets, but they are only traded between entities with accounts at the central bank. And, in normal times, are provided quite freely by the central bank in exchange for other assets.

Anyway, "Vollgeld" places the ability to create money exclusively in the hands of the central bank. Controlling the amount of money in circulation was a concept most central banks were eager to drop during the '90s, since it never worked. Demand for credit is volatile, central control is inflexible, even if they could somehow quanfity the need for it ex ante -- which they can't. Hell, they can't even do it ex post. You can't quantify the need for additional money beyond what's already in circulation if the central bank's action set the conditions for a dynamic development in the first place. You can't know in advance what increases in production need to be financed, you can't know how demand for liquidity evolves over time. The quantity theory of money was buried for a reason, it ignores reality.

Anyway, I applaud the proponents of Vollgeld for pointing out the dysfunctionalities of our fractional reserve system as well as how questionable it is, ethically, to hand over so much power to a small cabal of financial elites. In fact, I'm quite ecstatic to hear them point out that a nation with a sovereign, free-floating currency does not need to finance deficits through banks -- how very MMT of them. Go OMF!

But their proposed solutions are a fallback to "the market will stabilise itself if left alone, a completely independant central bank will keep the quantity of money in circulation at just the right amount". This hands-off approach resulted in absolute devastation whenever it was applied. They want to turn the state into a regular economic subject that has to adapt to the amount of money currently in circulation. It's (the illusion of) control by technocrats, where you get to disguise policies against the masses as "economic neccessities". Basically the German Eurozone on steroids.

As for the absolute independence of the central bank: you are right, that is not strictly part of the Swiss Vollgeld initiative. But it's what almost every proponent of Vollgeld within the German-speaking circles argues for, including major drivers behind the initiative. Can't let politicians have control over our central bank or else they'll abuse it for populist policies.

They are true believers in technocrat solutions, completely seperate from democratic control.

PS: I cut down my ranting to a minimum of MMT arguments, given that many people see it as just a different sort of voodoo economics.

Edit: Elizabeth Warren's 21st Century Glass Steagal Act strikes me as a rather promising way to solve a great number of problems with the financial industry without going back into the realm of monetarism.

Its not even an illusion.

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Forgot *related=http://videosift.com/wtf/video/Super-Clever-Sunglass-Illusion .
And a *promote.

Amazing Anamorphic Illusions II/2 has been added as a related post - related requested by Zawash on that post.

Promoting this video and sending it back into the queue for one more try; last queued Sunday, January 3rd, 2016 6:20pm PST - promote requested by Zawash.

Super Clever Sunglass Illusion has been added as a related post - related requested by Zawash.

*related=http://videosift.com/video/Amazing-Anamorphic-Illusions

Amazing Anamorphic Illusions II/2 has been added as a related post - related requested by Zawash on that post.

Amazing Anamorphic Illusions has been added as a related post - related requested by Zawash.