Time Camera and Time Snap

As Sumeet was discussing about how much he wants to work on Image Processing, a thought crossed my mind. Can we ever have a "Time Camera"? A Time Camera will not shoot pictures but will capture that moment in time when the button is clicked.

For e.g. you are standing in front of Taj Mahal and you take a picture with the Time Camera. The Time Camera will save that exact moment in time i.e. evrything that is happening around the world at that moment. Now when you check that "Time Snap" on you PC or some other device, you will see a 3D representation showing Taj Mahal as the starting picture. You can then, using a sophisticated software that can walk you around in a 3D environment, go anywhere and see what was happening at that particular moment. For instance what was happenning at the "Times Square. NewYork, when you clicked that picture or what was cooking in your neighbour's kitchen at that time.

I don;t know will it ever be a reality but looking at how fast we are moving ahead with technology, I believe we will might have a Time Camera by next century.