Video is the heaviest thing most of us ever attach: screen recordings, camera clips, whole talks. It was born in wherever your camera, screen recorder or download came from, and its real weak spot is nothing inherently; every container brings its own quirks.
FLV is a relic of the Flash era: the format YouTube grew up on, stranded when Flash died. The Flash Video container, typically holding old H.263, VP6 or early H.264 streams. That makes it the right destination when what you need is nothing new: today it's mostly old downloads waiting to be rescued.