Those are some pretty weird speculative numbers you are sharing with us, OP. The BTC price hitting 130 million USD per BTC after 40 years? Can you imagine BTC having a market cap, that is bigger than the global GDP. This doesn't make any sense. This is impossible, even if Bitcoin becomes the one and only global currency(which would never happen).
Or perhaps you are predicting a horrible USD hyperinflation, which would cause all asset prices to go thru the roof.

This is possible.

Yes, BTC can't exist without mining, but I do believe that BTC mining can exist without a growing BTC price.
I also don't believe in this "passive income" thing. This "passive income out of BTC" plan would disappear when a price crash and a bear market occur and we all know that the BTC price can't go up forever.