Would you guys invest in a small business using bitcoin? What's your opinion?

With bitcoins you wouldn't have to worry about current regulations that angel investors have to follow. (must have at least $1million in assets, must have a certain income level...)

The legal question is => if you invest in the business with bitcoin, and the business converts it to USD, in order to avoid some serious shit hitting the fan later on, the business should pay taxes on the exchange, yes?