where is the code being executed ? hosted nodes or real peers in a "p2p" network...

		whoisninja on Dec 13, 2021 \| parent \| context \| favorite \| on: Crypto Theses for 2022 [pdf] where is the code being executed ? hosted nodes or real peers in a "p2p" network? why does it hard fork so much and make prior clients incompatible? why do they have a monetary policy? isn't that what fiat currency is?