mk and I have argued about its effects. His position is that Ethereum should have been forked such that the DAO hack couldn't be repeated but that investors lost all their tokens as an object lesson to all. My position is that "the community will make you whole for unintended consequences" is the only ethos that would have engendered further development. In my opinion, there needs to be a sense that investors should do their due diligence, but also that consequences beyond the ken of all but the bleeding edge are consequences that the community should be united in mitigating. mk's viewpoint, if I can represent it properly, is that a lot of the scams, shitcoins and hustles that have arisen since are a direct consequence of the Ethereum community nerfing out their world because of the DAO. My viewpoint is that it is that very nerfing is what has fostered the thriving ecosystem of ETH and that the scams, shitcoins and hustles are inevitable either way.