Buz,
If all spatial description is discounted, then potential energy must be considered as latent kinetic and angular momentum as just another form of kinetic energy that need not be distinguished, as it is only vector direction that is continuously changing and spatial directions are not part of the description. I do not have a particular problem with saying that all matter is energy because I have been proposing that the 4 dimension be considered spatio-energetic. So that any object can be described either in terms of quaternion spatial co-ordinates and changes or corresponding energy values and fluctuations.
I recall no clear reason in your ideas of why there should be a pulse of present moments. Why does the energy pulse? Is it only the need to retain the reassurance of a present moment, rather than give up on the concept of time entirely? Or is the pulsation of the energy foundational to the universe and all matter within in this model? Or another reason? In my own model there is specific change in quaternion spatial position of matter, which is a specific corresponding kind of energy change that gives rise to the changes we observe as passage of time and generally measure against a regular change on a clock. Time is inferred from spatial and energetic changes, it is not a foundational phenomenon in that model.
I think the statement "if an object has temperature then it is time itself" is rather controversial in quite a few ways. That may have been your intention. An object is something that can be defined by its geometry or the space it occupies. If all spatial description is being discounted, the term object does not apply. Unless you say something like "energy regarded as an object in 3D space...". It would also be less contentious to say that energy must have duration in order to exist rather than "it has temperature and so is time itself". You are inferring that without energy there is no duration or elapsed time, (rather than without energy there is no existence). This is either not logical or you are not actually talking about time at all but existence itself. Can an object exist without time? Yes, if its existence is fully defined in another way that does not require the inference of time.
An interval between events can be measured without existing as energy. To use your form of analogy , the holes in the flames can have duration. Just as we can measure the empty space between objects existing within space, which would be a positive measurement. One could, if using your thought process, say that nothingness is also time. There are no negative durations, as time is always positive, even when it is empty.
Time or duration is a measurement, just as distance is a measurement. It seems a little unfair to do away with all spatial measurement but retain the measurements of temperature and time. Energy embodying time may seem a superior, cleaner kind of reality compared to dirty old matter in space but I am not convinced that it is a superior model. In its current form it gives less information, flexibility of description and useful function than a model that retains a means of giving spatial description as well as energetic description.
We can never directly observe objective reality to confirm our descriptions, because all observations are processed to provide a subjective reality experience. Therefore all we can do is model it. The question is then what is the most useful model, that can explain or correctly predict the most. I can see why your ideas are appealing but the model it produces is less informative though perhaps more aesthetically pleasing, especially to one who has spent much time in the presence of and contemplating fire. It is about a beautiful vision of the universe (thank you for sharing it) rather than scientific usefulness, in my opinion.
I hope you have not found this too critical. It was my intention to point out those areas where I think the model could be improved in terms of its logic and completeness of the description, and possibly give further food for thought. Your essay gives a thought provoking alternative viewpoint and as such is interesting and therefore worthwhile, though it is not "what's ultimately possible in physics."