And why shouldn't they be able to do so? With a guaranteed income they would still be actively participating in the economy and whatever work niche they had inhabited before would be freed up for more motivated individuals to perform.
Win win.
Most assuredly some will, that's to be expected. If given a similar option I'd mothball my career over the course of six months and spend $n years engaging in unprofitable creative pursuits and maybe travel.
But they wouldn't actually be participating, they'd just be a middle man that takes a small cut to support their own life without providing anything useful in return (aka a parasite)...
The good part is that it looks like most people wouldn't just do nothing all day long, they would contribute in one way or another...