Not if you apply it properly. It isn't a case of find out how fast the moon is receding and run that back a few billion years. The moon is attracted to the earth by gravity, if the moon is moving further away there must be forces at work causing that and we need to understand those forces to understand what happened in the past. The forces are caused by the earth rotating faster than the moon orbits, as the earth rotates it pulls the tides ahead of the moon, which in turn pull the moon forward making it go faster and into a higher orbit. The same force causes a drag on the earth's rotation making the day longer.
Go back to when the moon formed. If the moon was formed inside the geosynchronous orbit distance*, the moon would orbit faster than the earth rotates, tides would lag behind the moon so the pull would be in the opposite direction slowing the moon down and dragging it to earth. If it formed in geosynchronous orbit the tide would be very high because the moon would be much closer but they would just bulge where they were. There would be nothing to pull them forward because the moon would be stuck above one place on earth. The moon would stay at the same distance. Just outside geosynchronous orbit and while the tides are very high, the difference in speed between the earth's rotation and the moon's orbit would mean the moon's recession rate would be infinitesimal, very slowly increasing as the moon got further and further out.
So if you wind the system back The further back in time, the nearer you go to geosynchronous orbit, the slower you are approaching it. Keep going back the slower you get, never getting to geosynchronous.
*a closer geosynchronous orbit than now because the earth was rotating faster.