I mean that makes sense…. On the second iteration, you skip the first wish, the second wish is to ignore the third wish and that gets granted and the third wish is nullified, so the only wish is to ignore the third wish. “Nothing”
You don’t need to loop again as everything is satisfied?
The geenie works through one wish at a time so when he gets to the third wish the first one has already been granted and ignoring it doesn't retroactively change anything.
This just feels like a bad idea. The fourth panel is actually the person stuck in a pocket dimension as time moves forward and they are unable to move due to the loop.