here is a few numbers to keep in mind
You start with 550 LB strength. This is rated on a machine (dynanometer) that pulls the rope/cord in a straight line until it breaks. the rope is fastened to the anchor point and the meter, using a tensionless hitch. This hitch is the only hitch that retains 100% of the rope strength, as there are no knots at the anchor points.
so we get a reading of 550lbs for sample "A". That reading is when the rope is brand new and unused.
next, the rope is packaged for shipping, rolled up tight on a spool. It sits on a warehouse for months before being shipped out to a distrubotr. At this point you have around 5 - 10% degradation. (aging). So you have a loss of strength already, before the rope is even bought and used.
next, it is shipped off to the store, some might hit the shelves, some sits in stock for several months. Lets say a hank of 200 feet is sold. Customer throws it in his pack , where it sits unused, coiled up tight until summer hiking season. Another 5- 10% degradation (aging). now you have a rope thats aorund 75% of its orignial rated load rating.
Hiker dude goes hiking and uses the rope for a clothesline. It gets wet, shrinks and expands several times, is tensioned by the clothes and wind, and is knotted several times. As well the sun (UV) and ozone and chemicals in the air further attack the rope. End of the camping trip rope is coiled up tight again (many bends and twists) , its dirty, wet and packed away like this for several more months.
by now you have 50% loss in strength. Down to 250 lbs or so.....
dude decides to hang his bear canister form a tree, pulls out the paracord. Ties more knots (more strength loss) into it and slings it over a tall limb. Hangs his 50lb pack and30lbs of food from it.. The wind blows the branch, causing the rope to abrade and twist back and forth over the limb, This equals more degrading of the rope. several times a day he lowers and raise the pack, the rope abrades every time and is subject to shock loads. End of the hike, dude throws the rope back into his pack and again it sits for several months, dirty, abraded, wet, shock loaded, knotted, twisted, bends.
One day dude is hiking again and see a wicked fishing hole down a steep ravine. He cant get down it but decides to use the paracord. He knots (strength loss) it to a tree , loops ot a few times thru a biner (major abrasion, HEAT, twisting, bending ) and lowers himself down. At this point the rope has lost all strength rating and cannot handle it anymore
Splat.
The above scenarios are examples of how rope or paracord can be damaged and aged. Rescue, climbing and rappelling (static , semi static, full dynamic) ropes are designed for these kinds of factors, by a ratio of 15:1 or in the case of some Units, 20 or 30:1 safety factor. PARACORD IS NOT DESIGNED LIKE THIS and attempting to use it like a real rope* is plain idiotic and deadly.
*lifeline