Ethereum Devs likely putting 120m hardcap into Casper or Constantinople fork
Discussed during today's dev meeting. Vitalik was in favor of hardcap, Nick Johnsons was against, other devs did not give input on preference. Devs agreed that the community does show broad support of hardfork, so 120m cap will likely be added to next hardfork update. Vitalik mentioned wanting to hear more feedback before making a final decision.
Link to dev meeting discussion of the hardcap: