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Re:Show HN: Minimal Google Analytics Snippet by onlyrealcuzzo on Friday December 14, 2018 @11:16AM (#18681872)
AFAIK, GTM is specifically designed that it can only be cached on your website and it expires every 15 minutes.

This is because your UAID is part of the URL to download the GTM snippit.

The old-school analytics.js file can be cached, though.

Someone correct me if this isn't true.

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