Both the Hide If and Show If macros for Visibility feature the "Match using" parameter. The following is a complete matrix of behaviors when using the parameter.
“All” match case, User A who is part of Group A views content on the page
“All” match case, a logged-out user views content on the page
“Any” match case, User A who is part of Group A views content on the page
“Any” match case, the logged-out user views content on the page
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