Clipboard on Text App: A Great Time Saver

When composing a text, if you press on the message space, up will pop two boxes: Paste and Clipboard. Touching the Clipboard will bring up any text you saved to the clipboard. Just touch the text you want to paste and, shzam, it will be inserted into your text message. To store any text into the clipboard, just press on it and then touch Copy. What's the point you might ask? This can be a great time-saver--it's a collection of your own macros. For example, you can have your name and address and phone number then appear with one touch; or the word "thanks"; or "Are you kidding me?"; or anything else you don't want to actually type each time you want to include it in a text. I know this works on the standard Android texting app. I would guess iPhone apps have the same feature even if implemented in some different way.