From the article:

> "You might be tempted to work around these limitations by setting up a domain name in the global DNS that happens to resolve to 127.0.0.1 (for instance, localhost.example.com), getting a certificate for that domain name, shipping that certificate and corresponding private key with your native app, and telling your web app to communicate with https://localhost.example.com:8000/ instead of http://127.0.0.1:8000/. Don’t do this. It will put your users at risk, and your certificate may get revoked."

EDIT: oops, it's not exactly what you were talking about, since you suggested only pointing it to 127.0.0.1 in your own /etc/hosts file, so I don't think the article answers your idea directly