Do phone number requirements for account sign-ups effectively deter/mitigate spam?

ALostInquirer@lemm.ee to No Stupid Questions@lemmy.world – 65 points –
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I used to get a bunch a couple years ago. Since then, I've deleted all Instagram, Facebook, Reddit, Snapchat, etc. I only use Lemmy. No more spam or phone calls.

I also use separate phone and phone number for banking and actual important stuff so that phone is off until I need it so ymmv