They plan to distribute 50%. If the market would accept them holding 50% I don't know. Satoshi holds nearly 10% currently, so I guess it will come down to personal preference.
Either way. Within the Ripple ecosystem, Ripples are inherently superior to Bitcoins BY DESIGN. That's my point.
I'm not sure how it could be designed so that Ripples weren't superior to bitcoin unless we had a methodology for moving coins across chains, which would be doable, but would require fundamental protocol changes for every coin that wanted to be supported.
Why are ripples superior to bitcoins? Like bitcoins, ripples have no underlying value. Unlike bitcoins, nobody is claiming that ripples have value.
Put two and two together... As value is determined by markets anyways, it simply makes sense that the market will reject that ripples have any value.
Ripples are superior to bitcoins INSIDE the Ripple ecosystem.
A bitcoin in the Ripple ecosystem is just a promise of a bitcoin.