He could, but then he has to spend labour points to "identify" loot grabbed off mobs, and if he comes across any resource nodes on his travels then that's more labour points if he wants to harvest them.
The real currency in this game isn't money ... it's labour points, without them you can't do anything, and the only way you'll ever have enough of them is by getting out your credit card.
Personally I've found the game interesting enough, but the launch has been terrible, and I don't have sufficient trust in Trion to want to pay them anything. Might be a game worth looking at in several weeks/months down the line once the dust settles a bit. I can see a lot of people moving on after a month or so ...