The history of cryptocurrencies in Argentina has typically oscillated between financial speculation and the need for protection against inflation. But for Juan Podesta, co-founder of LatamXO and developer of the Beexo Wallet, the focus has always been on technical utility and user sovereignty.
With 6 years of experience in the market, Beexo is currently in a transformation phase. Balancing decentralized security and ease of use of neobanks.
Interviewed by CriptoNoticias, Podesta defines himself as “passionate about financial inclusion” and works to create tools that help people access financial services in innovative ways. His connection to Bitcoin was born out of a curiosity that survived despite the academic skepticism around him.
Origin of conviction
Like many people, Huang entered the Bitcoin (BTC) ecosystem during the 2017 cycle. “Bitcoin came into my life in 2017. Obviously, when I saw the graph that was so high, I said, ‘What’s going on here?’ The first thing I did was ask my cousin, who is an economist, and he told me, ‘It’s a bubble.’ I was very sad, so I looked closely at what was happening,” he says.
Despite the warning, technology caught him: «I didn’t buy it at the time, but I started looking into it. I knew there was a software and technology revolution going on there. “I stayed up until 4 a.m. to understand how this technology works and how it can change the world.”
Prior to integrating Beexo, Podesta worked on supporting critical infrastructure such as Rootstock (previously known as RSK).
Security or ease of use? Beexo bets on both
Although the core proposition of the Beexo wallet is self-management, User experience layer that eliminates common friction. Podesta criticizes the technical complexity that alienates the public.
It seems like most self-custody wallets require a master’s degree to use. As a result, many people end up using “custodial” or centralized solutions and are unable to take advantage of the benefits of this technology.
Juan Podesta, LatamXO Co-Founder, Beexo Wallet Developer
One of the most interesting things about Beexo is that Security management with Google integration. “In principle, when you create a self-custody wallet, you are given 12 words. Generally, people do not store their funds properly and often lose access to them. We created a cryptographic technology solution to allow users to connect to Google, abstracting away the complexity a little bit,” he explains.
When asked by CriptoNoticias about potential vulnerabilities in this system, Podesta replied: It’s not about delegating security, it’s about providing intelligent backup for your wallet.: «It’s not a vulnerability. People generally take screenshots of keywords, which makes them more vulnerable than anything else. “Google has much higher security standards than your phone.”
but, Wallet does not remove ultimate responsibility from the user. Mr. Podesta declares: “In any case, we encourage them to write 12 words; Complete custody and explore a merger.
Integrating Bitcoin with the Cryptocurrency and Fiat Worlds
Beexo’s big leap forward is Transformation into a hybrid wallet. This allows users to not only store their Bitcoins and cryptocurrencies for themselves, but also operate them in Argentine Pesos with regulatory compliance. «For me, that is the future of neobanks: being able to store your cryptocurrencies self-custody (Even though it is under your control) you can operate it in pesos anyway,” says the developer.
To achieve this, The company complies with local regulations: «To create a bank account, as a PSAV (Virtual Asset Service Provider), you need a PSP (Payment Service Provider) license to be able to issue invoices for your purchases and sales. Without compliance, there will be no mass adoption.
This integration already allows users to generate CVUs and pay with QR in stores and, if you are a foreigner, with USDC as a local in Argentina.
Additionally, we’ve simplified transfers by using aliases in our chat system. peer to peer: “If you know your alias and trust it’s you, you can send Bitcoin, USDT, or USDC without asking for a long code.”
Horizon: Cards and Sovereignty
Although Beexo started trading exclusively in Bitcoin and later expanded to EVM networks such as Ethereum, Polygon, and BNB Chain, it has clear plans for the coming months. The aim is to deepen the everyday usefulness of funds. “The next step is obviously a virtual card that is compatible with Apple Pay and Google Pay, and it is imperative that we get that within the next six months,” reveals Podesta.
For him, the key to a financial future lies in education and personal responsibility. His final message is one of empowerment. “You have to try to understand the good and the bad. In this ecosystem, it is very important to separate the chaff from the wheat. On the other hand, remember that you are the key. That is what we are promoting at Beexo: you are the owner of your private keys, your money, your control.
