Fixing / removing the green line in video playback in VLC

VLC recently had this green line at the bottom of every video I played.

It seemed that this was a bug that was accidentally added to the product, however, a workaround is available.

In order to apply the workaround, do the following:

1. Open Tools, Preferences.
2. Show setting in simple mode.
3. Click video tab, uncheck use hardware YUV ->  RGB conversions.
4. Click save.
5. Restart VLC.