[It's less Bolin's non-understanding of Mikazuki's worldview and more the momentary thought that he might actually be an Equalist himself.]

Oh it's okay, really! I just... wouldn't want there to be another fight in the city between them and everyone else. I mean, I totally don't want to experience the fear of almost having my bending taken away or anything—

[Whoops. He spoke way too much. And that's going to probably keep him from being super excited about the good news of him being even more famous.]