The only reason I buy paracord anymore is to tie stuff like paracord bracelet 's and similar things like that. I still have some in my pack and use it but I'm not replacing it in my pack. Bank line is my go to for camping /bushcraft. Jute is fine until it starts to rott, but the wax idea might give it more life, I've never thought about waxing it. Jute won't work for traps it binds up on itself too much, it is also a pain to tie knots with, especially if it is frayed and it frayes a lot. But, wax on jute, might stop all of that.
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