It's not a lot of volume if you just process the numbers of HK, but if you bundle all the countries going through economical/political turmoil, the volumes suddenly aren't that bad at all. In fact, this is only the start. I expect that the situation will be much worse in the forthcoming years, which will only drive Bitcoin adoption to the next level in these countries.

Another important fact is that a lot volume isn't being recorded on sites such as LBC, but settled truly peer to peer where only the sender and receiver know that the transaction took place. There is no viable way to measure the volume this way, which directly shows that Bitcoin is doing its job exceptionally well.