It's a good option purely for cosmetics but don't rely on it for any kind of serious obscurity since it's trivially reversed. I've used it to great effect in the past to encode multiple integer values like start/end ID, sort order (0/1), etc. for cursor-based pagination. But that's only because there's nothing secret in those numbers. Just purely for convenience.
I once heard of some fancy data science that inferred that the company was the supplier's major customer from the gaps in the sequential ids they saw when using that supplier's API. That was useful in negotiations.
And so the company that did that data science realised they too were susceptible to exactly the same 'attack'. So they created a system to obscure the ids they were themselves exposing to their customers, using some cheap cut-down tea64 encryption iirc. My memory is it never went live, though.
Not that fancy (or at least not that novel). In WWII the allies used sequential serial numbers on destroyed and captured tanks to have a frighteningly accurate picture of German industrial output.
This is a common misconception. hashids is _not_ an encryption algorithm. It's just an encoding with a tiny bit of obscurity layered in.
hashids.org:
> Do not encode sensitive data. This includes sensitive integers, like numeric passwords or PIN numbers. This is not a true encryption algorithm. There are people that dedicate their lives to cryptography and there are plenty of more appropriate algorithms: bcrypt, md5, aes, sha1, blowfish.