I don't think Bilbo ever found out what the Ring really was. On his adventure with the dwarves he only thought of it as an invisibility ring, nice to have when you are in trouble. And Gandalf never told him, Bilbo gave up the Ring to Frodo without knowing what it really was. And that Bilbo in his high age offers to take the Ring to Mount Doom suggests that he did not understand the danger of the journey.
I don't think Bilbo's mind was clouded; but he was only a simple hobbit, without understanding of greater affairs.
__________________
Two beer or not two beer, that is the question; by Shakesbeer
|