No. It's much easier to ignore spam emails than spam text messages.
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Thanks for your feedback! A fair point. No spam text messages would ever occur, it would simply be used to sign in and change your password. Still a no?
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While you may never actually sell my number to a mass advertising agency, there's no way of me or anyone else knowing that. You're just providing us with a service. We don't know your intentions. I'm sure many people would be more comfortable giving out their email.