What is the "it" that you keep talking about that is taking a bit from an input cell?
I mean okay, try to imagine that you could store some magical sequence of bits to a SSD that would signal to the SSD itself that it should be performing some sort of computation on this range of bits by just shifting them around. Now imagine how many bits in how many permutations are stored on all of the ssds in the world. Now ask yourself why this hasn't just miraculously happened.
What is “the emulator” here? If it’s the original CPU, you’re just trading off some of its computing power to a slower, emulated CPU.
For emulating a CPU, you don’t need a lot of storage, and it’s much faster to use main memory (RAM) instead of using SSD memory. What you need for emulating a CPU, however, is computing power, and only another CPU can provide that.