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Each computer has to log into each account to make it work... you need their info as well as them needing yours, which violates the SSA.
If you can't log on to their computer YOURSELF, and vise-versa, don't do it. Do not trust anyone with your account info.
Family sharing is meant for sharing games with family, not with friends.
If your friend gets banned while you're sharing library with them, you'll get banned too.
It's too risky to share with friends.
Then we need to tell Valve so they can remove the 'friends' part of the website text.
It's fine to share with FRIENDS or FAMILY, the risk around being banned is the same, there's no reason your younger brother is any less likely to install a wallhack than your friend from school.
As long as the user is completely aware of the risks that they are taking when they sign up to the process, it's on them.
It's fine to do so, but as Silicon Vampire said
It's primarily intended for family because your not supposed to share account info.