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In this video tutorial, the presenter demonstrates how to hide the placeholder text in content control form fields of a form. Although this placeholder text appears in light gray to prompt users, there may be instances where it is undesirable. The tutorial involves creating a form with plain text content control fields. The presenter selects "Design Mode," highlights the placeholder text (including the period), right-clicks, and chooses the "Font" option. In the font effects box, there is a checkbox labeled "hidden" that can be checked to make the placeholder text disappear. This method is part of a series on creating fillable forms available on the channel.