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In this video tutorial, the presenter demonstrates how to hide placeholder text in content control form fields that appears as light gray to users. To achieve this, the user must first enable design mode and then highlight the placeholder text, ensuring to include any accompanying punctuation. After selecting the text, the next step is to right-click and choose the font option, where a font effects box appears with an option to hide the text. This process removes the placeholder text while creating fillable forms, allowing for a cleaner appearance. Viewers are encouraged to check the presenter’s channel playlist for more related content.