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Other that the obvious issuse of not being able to play that game on VAC servers from this account, not much really.
Some people may not want to be your Steam friend if you have any bans showing also. Just to name some off the top of my head.
EDIT...
This may intensify due to your account having "multiple" bans, too.
You carry the stigma of the scarlet letters.
https://support.steampowered.com/kb_article.php?ref=7849-RADZ-6869
Others cannot see the red text after 7 years.
EDIT...........
Please take note. There are still ways to see if the account has a VAC ban after 7 years, but some may not think to check or know how to do that. Some will.
For example, loading your profile URL into an XML format will show if the account has VAC bans.
https://support.steampowered.com/kb_article.php?ref=4044-qdhj-5691