I think this is an interesting area for exploration, but understand the concern for exponentially more connected notes if this was default behavior.
In the past, I created a somewhat relevant request where it would be possible to create multiple shortened links within actual link names essentially creating an MOC out of an actual link not the note itself although it would do that as well. Here’s the link although, to be honest, I did not do a great job explaining my idea here and there: Nesting functional link aliases within link names
I will try to come up with a syntax so that I can propose a use case with an example to better demonstrate what I am getting at.
Because it has been a while since I said this, I just wanted to add my thanks to the Obsidian developers, Plugin developers, tTheme developers, Snippet and Workflow sharers, and question answerers. This is such an amazing tool and forum that keeps getting so much better.