Yes, but what's the answer to this question, JP:
** How can an exchange provider offer DGCs in exchange for CC payments and make money doing it?
Right, very simply by building in a premium to cover losses.
In short, it's not that you "can't" do what you describe above, but, very simply there is a cost associated with that.
(Just as -- say -- operating a retail store very defintely has a cost associated with slippage (shoplifting, staff stealing etc), or owning any building has a cost associated with paying the insurance on it burning down.)
I think I know what JP's answer is: IT AIN'T POSSIBLE, AND HERE'S WHY: http://interestingsoftware.com/mayscale.html
RIGHT ON !!!!!!
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