Oh this is much more dynamic than I was envisioning and that’s because I’m only just starting to build a mental framework of what I’m reading.

This is so exciting to ask questions and receive your insights! Thank you!

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It is similar to the Page-Wootters mechanism (although they assume a global state). It was actually one of my main insights that led to this theory, how time could emerge. I had this realization thinking about the heat death of the universe and how there will be no reversible processes to be able to operationally track time. Then I realized that it would be similar to how all clocks become just random noise at the event horizon from the point of view of an external observer.