The UK government is hiring for the head of their CBDC programme. The pay is dreadful and the project is doomed.

The UK government is/was hiring for a role entitled "Head of Central Bank Digital Currency", evidently a hiring to accelerate their mission to release a digital CBDC version of the British Pound, as suggested here.

There is one problem however, the position's pay caps out at £66.5k. Admittedly, this is more than I earn, but it is nowhere near sufficient to hire a competent senior software engineer, let alone an engineer sufficiently skilled to lead a major project in a nascent field.

I believe the UK government has completely underestimated the scale of the project a CBDC will require and unless something radically changes, the project is doomed to fail.

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The advertised role