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In this YouTube video tutorial, Nick explains that not all open source software licenses are created equal and the rights granted to users are defined in the license attached to the software. Most licenses allow users to have various rights over the code, with some being more permissive and others more restrictive. The video discusses the most commonly used licenses for free and open source software and the rights they grant. The sponsor of the video, Linode, offers a hundred dollars to help users deploy their own Linux or gaming server, which can be done easily through their app marketplace with just a few configuration options and one-click deployment.