Deliberately crippled functionality
It’s clear that the primary design goal for this application was to limit what the purchasers of Kindle books can do with them. Everything about Kindle books, from the proprietary book format, to the crippled application functionality, is designed to support this primary goal.
Making the application useful took a back seat to this primary goal.
One of the primary reasons to purchase a reference book in electronic format is to copy and paste short passages into another application. You can’t do that with a Kindle book, as the copy command has been disabled, even for single words.
Another reason is to bookmark interesting content. Although you can create bookmarks, you can’t name them, and there is nothing to let you organize them.
If you are a researcher, you’ll want to have multiple pages open from either the same book, or different books, so you can compare them. You can’t do that.
Citations are out of the question.
Of course, there is no way to loan a book to a friend.
There are advantages to electronic books, but in general, the only reason I can see to purchase a Kindle book instead of another electronic book format, such as ePub or PDF, would be because of a massive price difference in favour of the Kindle book.
If your only intention is to read inexpensive fiction, this application may work well for you.
Andromeda Systems about Kindle Classic, v1.12.4