I suspect someday a billionaire might try something just like this to avoid the estate tax and spread the money out, instead of paying the government, while keeping some degree of anonymity for the receiver and sender.
Thoughts?
If it were me, it would be better to pay taxes to keep the wealth I have safe, rather than having to divide it into random addresses because it doesn't make sense, for example I have a large amount of Bitcoin, the calculation is still clear. This method is very unreasonable and as a citizen, taxes are still a responsibility that must be paid, even though there are ways to avoid this, in the end the disbursement into fiat needs to be done through official channels. So, if the nominal value is not large and to avoid tax, you can still get around this by withdrawing it in stages.