I was recently considering how one could motivate studying abelian groups from the study of linear algebra, and I presumed that the multiplicative group of the complex numbers would be a good a example of an abelian group that is not a vector space. However, upon closer inspection it seems that perhaps it is a real vector space, with appropriate scalar multiplication.
In particular, consider the scalar multiplication $(\lambda, z) \mapsto z^{\lambda}$. If our "vector addition" is actually complex multiplication, then this gives a two dimensional real vector space. However, this behaves quite a bit differently than ordinary finite-dimensional real vector spaces, in the sense that there exists nonzero $\lambda$ and $z$ with $z^{\lambda} = 1$ (which is the "zero" vector).
More generally, for many complex $z$ (e.g. roots of unity) there exists multiple distinct $\lambda_{j}$ with $z^{\lambda_{j}} = z^{\lambda_{j'}}$ (e.g. for $n$-th roots, $\lambda_{j} = j \cdot n$).
In other words, at least on one subspace (the unit circle) the action does not seem to be faithful (sort of - on closer reflection this is not strictly true). This comes as a shock and suggests to me that perhaps this isn't a vector space and that there is something I am missing. It is my understanding that all finite dimensional vector spaces are isomorphic to $\mathbb{R}^{n}$ for appropriate $n$, which does not seem to be the case here.
Thus my question: What I am missing here? Is there something that prevents a vector space from having this curious behavior, or is this actually a valid real vector space?
What I've looked at so far: it seems the only mention of this structure on MSE is this answer which says that, restricted to the positive reals under multiplication, it gives a vector space.