point_worldtext is a point entity available in all  Source games since  Counter-Strike: Global Offensive. (also in hl2 source, tf2 and gmod)

point_worldtext is just some text

point_worldtexts keyvalues:
angles
targetname
message
textsize
color
font
orientation
textspacingx
textspacingy
and rainbow

point_worldtext is a point entity, that means the player cant really interact with it because it has no colission

hates game_text because point_worldtext thinks its a cheap copy of itself