You're right. PeerTube is not the perfect tool, far from it. And we never promised this software would include all the features corresponding to every use cases.
With PeerTube, no more opaque algorithms or obscure moderation policies! PeerTube platforms you visit are built, managed and moderated by their owners.
Video transcoding: can be mitigated using <a target="_blank" rel="noopener noreferrer" href="https://docs.joinpeertube.org/admin/remote-runners">remote transcoding</a> by remote workers