Apparently stripe deprecated collecting shipping/billing at some point within it's embedded form. While undocumented, you can still get that functionality to work by using these tags:
data-billingAddress="true" data-shippingAddress="true"within the embed script. I'm hoping that Octoshop 2.0 ditches the embedded form method altogether and allows for stripe custom forms so we can still collect address information even if stripe decides to remove address collection support altogether. If the goal is to support multiple payment gateways than this definitely makes sense.