XRP functions as a transaction stamp and temporary holding/conversion currency. It's value is expected to rise as the network grows and becomes more useful. Ripple's alleged "premine" makes sense when you view XRP like a stock that is gradually issued as the company grows.
RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!
Ripple is just an i.o.u. not even a currency or even trustless why would I you it over bitcoin? wtf....
Well XRP IS trustless. Aside from its distribution which works like a stock, XRP transactions are as trustless as the bitcoin ones.
The point I was making is: if people can use any fiat currency or asset on the ripple network, XRP could become less relevant and doesn't need to have a high marketcap, even if is the only one that doesn't require trust or if it's supposed to work as a bridge currency.