I think it's impossible to limit supply.
For example, when bitcoin was launched there were going to be just 21 million cryptocurrency coins in the world. Then alts launched - and each launch was a NEW supply of cryptocurrency coins. The alt supply of cryptocurrencies is expanding just as fast as fiat supply. Everytime a new alt is launched the supply of cryptocurrency coins expands. Hardly any of them die either.
RE: The Case For Permanent Limited Supply