Airplane on a converter belt question.

[sushijerk]

I recently heard this and gave it a lot of thought:

Suppose a normal commercial airplane is ready to begin takeoff. The thrusters are turned on and the wheels of the airplane begin to move forward. However, the plane is on a converter belt which is rigged to move/spin in the opposite direction of the plane at the exact speed of the wheels. Image that there is a electronic device gauging the speed of the wheels and then immediately relays the information to the belt to accelerate/deccelerate accordingly. Will the plane ever be able to achieve takeoff?