Signal is nice because it has the potential to be used by folks who are less tech-oriented and less aware of the need for data privacy, thereby increasing the likelihood that messages between random folks (neighbors, friends of friends, etc...) will be encrypted. It attempts to cover the use case where communication with someone is necessary, but hashing out the details of how to encrypt that communication is cumbersome or otherwise not possible.

As far as encrypted SMS, I've had good experiences with SMSSecure:

https://f-droid.org/repository/browse/?fdid=org.smssecure.smssecure

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