There is a very important convention hidden in this method: it relies on the GPS (WGS84) geodetic system in order to encode names.
The thing is, geodetic systems, WGS84 and others, are an approximation, that is mostly invisible since maps are also in WGS84. The problem only appears when you try to convert between geodetic systems. When you convert your coordinates, the errors from the approximation might not be the same between your two geodetic systems, to correct those approximation you need an intermediate model, which depends on local topography, and that can be calculated only when observing directly that topography.
So, if for some reason, we have to abandon GPS for another localization system, this naming convention will be likely to load to wrong physical locations when coordinates will be derived from names. Then we will need to build those local models globally, and rely on them forever, or rename everything, or rely on human memory to rebuild maps just like the ones we have, but with the legacy of those encoded names, far worse to remember the the ones we already have.
The thing is, geodetic systems, WGS84 and others, are an approximation, that is mostly invisible since maps are also in WGS84. The problem only appears when you try to convert between geodetic systems. When you convert your coordinates, the errors from the approximation might not be the same between your two geodetic systems, to correct those approximation you need an intermediate model, which depends on local topography, and that can be calculated only when observing directly that topography.
So, if for some reason, we have to abandon GPS for another localization system, this naming convention will be likely to load to wrong physical locations when coordinates will be derived from names. Then we will need to build those local models globally, and rely on them forever, or rename everything, or rely on human memory to rebuild maps just like the ones we have, but with the legacy of those encoded names, far worse to remember the the ones we already have.