This is likely why in macOS, you can’t cut files but instead have to copy them and then move them with Command-Shift-V (holding down Shift changes the title of the Paste menu item) — the intention to move the file is indicated on the pasting half of the operation, dodging the Cut issue entirely.
Also, cut never really made metaphorical sense for files… you don’t break out the scissors to transfer documents from one folder to another.
I get the menu item to change name with option, not shift.
Incidentally I've been using a Mac for decades, but I never remember to check what modifiers do. I'd always just copy and then go back and delete.
I think the right way to deal with this is to have a fancy clipboard manager / shelf, frankly. Cut things, they're put on the shelf, paste pastes in the top thing in the shelf. I suppose lots of people might just end up with cluttered shelves and lose track of stuff. But the shelf concept is a good GUI power user thing.
Also, cut never really made metaphorical sense for files… you don’t break out the scissors to transfer documents from one folder to another.