Even though ownership and borrowing are theoretically orthogonal, they're both needed to make a complete safe system (the context was about managing memory for safety, not merely having a syntax sugar for malloc/free.)
Unique ownership prevents leaks and double-free, and borrow checking prevents use-after-free. Borrowing is necessary to temporarily relax the exclusivity of uniquely-owned objects and access their interior. Access to interior of a unique_ptr (and shared_ptr) decays it to a reference or a bare pointer that is not managed by the smart pointer any more, and can be left dangling. Borrow checker eliminates the manual "be careful not to leave dangling pointers" part.
Unique ownership prevents leaks and double-free, and borrow checking prevents use-after-free. Borrowing is necessary to temporarily relax the exclusivity of uniquely-owned objects and access their interior. Access to interior of a unique_ptr (and shared_ptr) decays it to a reference or a bare pointer that is not managed by the smart pointer any more, and can be left dangling. Borrow checker eliminates the manual "be careful not to leave dangling pointers" part.