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I'm assuming that that's a serious question so I'll give it a serious answer. A real book can't be easily reproduced and if you lend a copy to your friend then you are no longer in posession of said copy. But when you email an ebook copy to your friend there are suddenly two copies when there used to be one. If it was possible to instantly reproduce a physical copy then I'm sure the book people wouldnt want you to loan those either.
I suppose if you email your copy to your friend and then delete your copy and wait for them to email the book back and then delete their copy then I suppose it's ok.
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