Of course, there are some patents that could contain some valuable information, but today's patent attorneys are drilled to hide any valuable information from public.
Bass-ackwards, I know.
This little example just shows, how distorted the whole patent system has already become. (and it is not the only example)
Agreed - the system appears pretty broken.
Remember that the document is directed to a skilled proponent in the relevant art and not to the public per se.
In that case your "whole" business process or product would not be protected, but it is possible that by identifying the one thing you do better than your potential competitors and by patenting it in time, you could still stifle competition altogether or force your competitors to license your technology (without actually producing a really useful document for anyone who might have wanted to read it once the patent expired.)
Isn't the actual intention of patents to publicize the invention after the 20 years has gone by?
The point of a patent is to grant a limited monopoly to a person who invests substantial resources in some innovation that was previously undiscovered; and yes, in exchange for full disclosure on what exactly the innovation is made of, they can be granted that exclusive right to collect license fees from those who needed to implement that innovation.
Reverse engineering can be a non-trivial effort. If the collective of all car manufacturers have failed to discover a novel way to make cars that (foo) and your invention is mainly a way to make cars (foo), there is no requirement to describe everything about and around the part that makes it (foo) in order to obtain the patent protection of (cars that _foo_). Those other car manufacturers then can either a) find a way to (foo) that doesn't use your (bar), b) pay you for your patented (foo/bar) tech, or c) go on selling cars that don't (foo) with a (bar). In twenty years, everyone who can make cars becomes free to use your (bar) to make their own cars that (foo).
If a (bar) that makes cars (foo) wasn't sufficiently described in the patent application then a patent should not have been granted. If the problem is that 20 years later, cars that work with a (bar) are no longer made by anyone, rendering the patent for (foo) useless, then that's a different problem and it can't be solved in the patent framework that we have now.
This is a bit of a nitpicky thing, but patenting crypto isn't really a great way of protecting your secrets - hiding away the algorithm is basically security by obscurity. Crypto has historically been one of those things that's made stronger by more scrutiny.