550 Cord or Paracord as it is sometimes called started off as a light weight cord that attached to military style parachutes, but quickly started being used for other items, like securing packs and other equipment.
People started to notice that you could start using it for other things like knots and braiding bracelets, lanyards, belts, and other decorative items. I recently came across an article that showed you how you could put the cord over a set of headphones to help keep your headphones from getting tangled up as much.
I haven't tried that yet, but it got me interested in starting to make stuff again, just like I did in scouts, just using 550 cord instead of that crazy plastic or leather stuff that you use in scouts. I have been able to make bracelets just like the one pictured above, one that is twice that size (called the wide bracelet), one that is called cobra, I have also started trying to make some other things like lanyards and keychains. I have even started messing around with making braided necklaces, that look similar to the Phiten braided necklaces, that a lot of players (mostly in baseball) wear.
I am starting to look at trying to sell the stuff too, and have even had a person on facebook contact me about getting together to try and make/sell these. I keep saying that I want to do this and I want to do that, but I have actually been able to make these things, and don't see why I shouldn't start selling them.