From what I remember, the amount of BTC is finite, so eventually we will run out of new BTCs, and by then, most will be held by big institutions and some individuals who didn't want to sell, and it will become yet another luxury commodity like diamonds or gold. Hence, the entire premise of "Bitcoin is the future of money" is kind of stupid, unless it's money for the ultrarich/lucky, because it's not available to the common folks.
And even if it was available to the common folks, how do you expect to live in a world where your currency changes value drastically from day to day? Isn't that a characteristic of a defaulted state/currency?
But let's say it's not the money of the future, but rather a speculative investment that is "not tied to greedy institutions". How does one sell 10 BTC and cash it out, bypassing the "greedy banks"? Last time I checked, most reputable exchanges are somewhat regulated, and in any way, getting a sudden $1M won't go unnoticed by the government.
So yes, I am failing to understand the premise of bitcoin. It seems to fail on both as the currency of the future, as well as unregulated investment instrument.