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How would you meet FOSDEM’s requirements without YouTube? And what is your proposed solution for distribution and audience reach?

In fact the FOSDEM doesn't use Youtube and still deliver live streaming only with HTML.

Peertube is well suited for events like FOSDEM. The CCC use https://c3voc.de/wiki/voctomix but a littler harder to use.

I think you are getting a few things mixed up: voctomix has nothing to do with stream/video hosting, and is a different part of the stack.

Yes, the website (media.ccc.de) is https://github.com/voc/voctoweb/, but live streaming is actually a differennt project: https://github.com/voc/streaming-website

They do interact a bit, to make it seem more seamless.