Just an observation: it will be ~ 30 years from now when we will reach max coin cap. So why bother now how it's going to be then? Think about what technology will be at that time and still there are ~ 30 years to think how the blockchain is going to be secured...
it's an interesting discussion, but yeah long ways away. i think for bitcoin the transaction fees wont be a problem, but for diamond there would need to be a lot more transactions/merchants seeing as it is a shadow compared to BTC in regards to wide scale adoption.
the statement there wont never be more than 4.38 million DMD existing
is a statement the DMD Diamound Foundation stand behind with full hearth
its not reflected by code now
we have over 30 years to code the prefered solution
what we have in mind is that some of the services we will provide u wont pay with DMD that we get
but u burn DMD
this means beside TX fees also burned DMD can be new mited and new mined
a second possible way to remove coins is to have for example a burn 10 year untouched coins mechanic
its from technical point of view easy to implement
u just allow to send coin with coinage above 10 years
to be send without know the private key
but allow only one target address for such transactions
which is the burn address
and then we scan all addresses each month and burn the lost coins
u see there many ways and we have 30 more years........
i can guarantee reach total coins wont be a issue
we stand by our word that there will be never more than 4.38 million DMD existing