Occasionally I see ads asking for guitar strings for making jewellery, so it's a widespread idea.
Mine go into my metal recycling bin. It's very stiff wire, so it's hard to
reuse.
But they languish in the bin for a while, and sometimes I fish out a piece. Their stiffness makes them good for poking and scraping in the nooks and crannies of small equipment I'm troubleshooting. They are also good when I need a very tough, thin shim, such as when realigning the blade and anvil of old, abused pruning shears.