The threats to privacy with YouTube are different from PeerTube's. In YouTube's case, the platform gathers a huge amount of your personal information (not only your IP) to analyze them and track you. Moreover, YouTube is owned by Google/Alphabet, a company that tracks you across many websites (via AdSense or Google Analytics).
Emails are not enabled on this instance so PeerTube won't be able to send an email to <x id="START_EMPHASISED_TEXT" ctype="x-em" equiv-text="<em>"/><x id="INTERPOLATION" equiv-text="{{ registration.email }}"/><x id="CLOSE_EMPHASISED_TEXT" ctype="x-em" equiv-text="</em>"/> explaining its account has been created.
You can import any torrent file that points to a media file. You should make sure you have diffusion rights over the content it points to, otherwise it could cause legal trouble to yourself and your instance.