"Default Permission Limits" - Help page
I'm not sure I understand what are the "Default Permission Limits" as explained in the help page. Are they the ones that are created according to the channel role we choose?
For example, the help page says "The limit applies to any published thing you create which has no privacy or access control. For example if you publish a photo and didn't select a specific audience with permission to view it, we apply the limit". What limit? The one that is created according to the channel role we choose?
I think the answer is yes to my two questions, but I want to make sure.