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Nick discusses the importance of understanding open source software licenses, which determine the rights you have over the code. He explains that not all licenses are equal, with some being more permissive and others more restrictive. Nick highlights the most commonly used licenses for free and open source software and the rights they grant you. He also mentions the sponsor of the video, Linode, offering $100 to set up your own Linux or gaming server easily through their app marketplace. Deployment is quick and simple with just a few configuration options.
