Dear Hon Jia,
Anthony Ryan suggested I read your essay and I'm very glad I did in time to rate it. I think it's a beautifully crafted analysis with great value and without trying to 'push' some speculative notion. I agree with Anthony it is worth a much higher score and am very glad to apply same.
I find I agree all your ten statements, particularly Statement 5; Elementary information can only be observed by the elementary co-dependent observer directly. I find this has hidden meaning, the foundations of which are described in my previous two essays here (both 7th place finishers but not following doctrine or favoured by the judges). You will also find a physical ontological derivation of the 'eternal loop' you describe, which is part of the ontology, described here; Helical CMB anisotropy and the Recycling Model.
I hope you also have time to read and score mine. It is ambitionus, but Please ignore the too dense abstract. the blog posts so far give a more flattering picture including; "groundbreaking", "clearly significant", "astonishing", "fantastic job", "wonderful", "remarkable!", "deeply impressed", etc. It suggests new and more coherent answers to some of the main questions you ask.
Very well done and thank you for yours. It was an absolute delight to read.
Peter