Right. It also potentially lessens the need for other regulations. For example minimum wage laws supposedly prevent exploiting the poor by "forcing" them to acc

Right. It also potentially lessens the need for other regulations. For example minimum wage laws supposedly prevent exploiting the poor by "forcing" them to accept unfairly low pay because the alternative is homelessness or starvation. But with a guaranteed income the poor would have the ability to reject unfair wages without having to worry about survival. Ditto for lousy working conditions or excessive hours.