Paypal is more of a wallet service that works with real currency. Even then it's quite heavily regulated in India, where I live. I'm not sure about other developing nations. FB credits have extremely limited use as far as I know, so it's not much of a threat. Another non state-issued currency is food coupons (like sodexo). As long as the new currency cannot be universally used, it's of no concern to the authorities.
You cannot, for example, pay some shady person for a handgun with FB credits or food coupons. From what I can tell, your currency will make that possible. If this transaction happens with a regular bank account (through creditcard or bank transfer), the bank will be able to point the police to the person involved. Will you also be able to do this? The price for reliably collecting, holding, updating such information is quite high.
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You cannot, for example, pay some shady person for a handgun with FB credits or food coupons. From what I can tell, your currency will make that possible. If this transaction happens with a regular bank account (through creditcard or bank transfer), the bank will be able to point the police to the person involved. Will you also be able to do this? The price for reliably collecting, holding, updating such information is quite high.