You have three options to display your lists or not.
Lists to display: Here you put your lists you want your user be able to choose from
Checked lists: Here you define for which lists you have selected in the previous option should be checked by default.
Automaticly subscribe to: Lists selected here will not be visible to the user. Regardsless of his choices the user will be subscribed to these lists.
So you can use automaticly subscribe to, but if you put the same list in it as you did in the field lists to display, then you list will not be visible.