Bilbo Baggins is a hobbit who lives in the Shire in a town called Hobbiton. He leaves is lazy life to go on a quest for dragon's treasure, and he finds the One Ring of Power on the way. He eventually gives the ring to his nephew, Frodo Baggins.
Bilbo - HOLY SHIT! MY PRECIOUS!
* Bilboes for the weed*
Frodo - Woah, don't Bilbo the joint, bro.