jay22111
Yes left an right eye, or left and right lens have slightly perspective, which is responsible for thee depth effect.
Also usually regular videos are shot with focal lengths with much narrower FOV then needed for VR.
Also in VR you virtually watch the video in a very large size, so only 1080p would be a very blurry image, as can be seen on early VR Videos, and even 4k is kinda low for VR.