# IBC is data transfer, not token transfer — it will never stop

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2021-02-08
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** The cloud, open source and flash loans with Greg Osuri (Citizen Web3)
- **Watch at:** 00:48:09 — https://www.youtube.com/watch?v=f3tZLp2CNgI&t=2889s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2021-02-08-ibc-is-data-transfer-not-token-transfer-it-will-ne-2wqp/
- **Cite as:** Greg Osuri, "IBC is data transfer, not token transfer — it will never stop," The cloud, open source and flash loans with Greg Osuri (Citizen Web3), 8 Feb 2021, 00:48:09. https://www.youtube.com/watch?v=f3tZLp2CNgI&t=2889s

## Quote — verbatim

> IBC is not token transfer, it's data transfer. So we're talking crazy use cases and... I can't even imagine where it's going to stop because I don't think it's ever going to stop.

## Context — site annotation, not spoken

On cross-chain atomic composability — flash-loan-style deterministic composition across chains as a category of products impossible in traditional finance.