Hi @rafalski!
Sorry that Steem Torch experiment caused you some frustration. That was not its intent. It is a little fun social experiment to show the power of steem wallet.
When I first sent out the Steem Torch it was with purpose to show how fast and reliable Steem blockchain is in transferring funds. Steem Torch travelled around the world, users from all continents got to send to each other with zero fees. That is one of the great features of Steem. As you said with blockchain there is no need to trust centralized entities, money transfers can be done peer to peer more securely and efficiently. Steem is more than capable of that. That is the essence of the experiment.
Of course social layer adds the trust in people, who on Steem are awesome. Steem Torch passed through users who are whales, orcas, dolphins, minnows, and even users with 15 sp. That just shows how trustworthy and awesome community we have. It is something we can be proud about.
The experiment has been going on for 11 months without any broken trust. Hopefully it will end successfully when it reaches the final count and the the funds will be donated for some good cause by the final count user.
Once again apologies that it bothered you. Just wanted to explain the original intentions. Clearly, you are invested in Steem and have projects going on and believe in the potential of Steem. Transfer of value in Steem is one of its great features. The experiment just demonstrates that.
No scams, no ill intentions here. Quite the opposite. Thank you for not ending it.
RE: SteemTorch - WTF?!