What I understood is as a 'hack' is the system could be taken advantage of (by doing the transaction in BTC) (for your own Stripe account by your own BTC wallet) and refund it if the price moves against you or allow it to convert (BTC->USD) if the price has moved in your favour. Since you get the USD from BTC yourself you have a sort of 'hedge'/call option to reverse it (premium being the initial conversion fees).
If the volatility is such that its more than the fees (in this case BTC is 'free' during the Beta) it can be taken advantage of - The refund & near zero fees being a mechanism of a one way bet.
I suppose this can be done already with credit cards and foreign currency purchases (if you have your own stripe account). Though the fees of 2.9%+ are significantly more than the volatility involved.
What I understood is as a 'hack' is the system could be taken advantage of (by doing the transaction in BTC) (for your own Stripe account by your own BTC wallet) and refund it if the price moves against you or allow it to convert (BTC->USD) if the price has moved in your favour. Since you get the USD from BTC yourself you have a sort of 'hedge'/call option to reverse it (premium being the initial conversion fees).
If the volatility is such that its more than the fees (in this case BTC is 'free' during the Beta) it can be taken advantage of - The refund & near zero fees being a mechanism of a one way bet.
I suppose this can be done already with credit cards and foreign currency purchases (if you have your own stripe account). Though the fees of 2.9%+ are significantly more than the volatility involved.