diff --git a/README.md b/README.md
index 2daa71c..6a07994 100644
--- a/README.md
+++ b/README.md
@@ -305,6 +305,45 @@ Pin `@v1`. It is a moving major tag: fixes and backward-compatible inputs move
 it forward, and anything that would break an existing consumer gets `v2`
 instead. Pin a commit SHA if you want a frozen version.
 
+The alternative is immutable release tags — `v1.0.1`, `v1.0.2`, … — with every
+consumer edited to point at the new one per fix. That is the safer model in
+general and the wrong one here. What it buys is the ability to hold one
+consumer back on a known-good version; what it costs is a PR in every consumer
+repo per fix, and its real failure mode with two consumers and one operator is
+that the second one is simply never updated and quietly runs a version nobody
+is testing. The moving pointer makes a release one action with one blast
+radius, which is the thing worth being deliberate about. Anyone who wants the
+immutable behaviour already has it, by pinning a SHA.
+
+**What `@v1` promises** is that whatever it points at works with the inputs
+documented above, spelled as they are documented. A change that renames or
+removes an input, changes a default in a way that changes behaviour, or
+requires something new of the consuming workflow — another `container.volumes`
+entry, another permission — is a `v2`, not a `v1` move. Everything else moves
+`v1`: correctness fixes, new optional inputs, and anything internal to
+`scripts/`.
+
+**Moving the tag is a release step, and it is the operator's.** Merging to
+`main` ships nothing to anybody. `v1` is a lightweight tag and does not follow
+a branch, so until it is re-pointed every consumer keeps fetching the commit it
+already named, whatever `main` now says. The gap is deliberate: re-pointing
+`v1` changes what another repository's CI executes on its next run, so it is a
+decision taken once, knowingly, after the merge — never something a merge does
+by itself.
+
+```bash
+git fetch origin
+git tag -f v1 origin/main
+git push -f origin v1
+git ls-remote --tags origin v1     # must equal git rev-parse origin/main
+```
+
+**Downstream** are emowheel, which pins `cargo-cache@v1` and
+`cargo-cache-publish@v1` across its CI workflow, and zemyna, migrating to the
+same pin. Both pick a move up on their next run with no change on their side,
+which is the whole point of the moving pointer and also the reason the move is
+not automatic.
+
 ---
 
 ## Development